Reported 4 months ago
The Economic Innovation Group reports that approximately 52 million Americans live in distressed zip codes due to factors like poverty rates, education levels, employment rates, and housing vacancies. Yahoo Finance discusses the criteria defining a distressed zip code and offers advice on navigating these challenging conditions. This situation highlights a wealth gap exacerbated by the relocation of wealthier individuals during the pandemic, impacting aspects such as mental and physical health, access to healthcare, and economic mobility. Various state and federal resources are available to assist those living in distressed areas, emphasizing the importance of community support and targeted programs to address these disparities.
Source: YAHOO