Key Market Indicators
Over the past five years, the number of people living in poverty in the city has increased by 15,000. The city of Los Angeles has seen a stark increase in poverty in recent years. According to studies, the number of people living in poverty has risen by 15,000 in the past five years. This is a significant jump, with the poverty rate now standing at around one in five people. It is especially concerning for families, with over one third of households now living in poverty. Many efforts have been made to address this issue, but the poverty rate remains stubbornly high. It is clear that the city must do more to help those in need.
