Agreed! The disappearing middle class in Lincoln (there still is one, but dying off) is what we need to focus on…a point I have been making (publicly) for some time. We can do this, to a degree, with a change in how we calculate property tax. But, that is only one mechanism, and needs to be coupled with others. We need to get creative, and, so far, we have shied away from potential tools that will require much work to develop..
I would argue that adding 200-500 condos in S.Lincoln/Lincoln Station will not address this. It will offer another type of housing, but not what most middle class families seek. ------ Sara Mattes > On Apr 25, 2022, at 3:54 PM, Bob Kupperstein <[email protected]> wrote: > > This is a case where median income gives a very misleading picture. Our > median is the result of a very distorted income distribution - simply put, > there is virtually no middle-class in Lincoln. > > Look at the town-by-town section in the Globe's reporting on the data: > https://www.bostonglobe.com/2022/04/21/metro/charts-whats-wealthiest-town-massachusetts-see-census-data-income-poverty/ > > <https://www.bostonglobe.com/2022/04/21/metro/charts-whats-wealthiest-town-massachusetts-see-census-data-income-poverty/> > (Lincoln is on page 4) - our numbers are very skewed (to the high-income > end). > > > > On Mon, Apr 25, 2022 at 3:35 PM Sara Mattes <[email protected] > <mailto:[email protected]>> wrote: > This is telling and offers some data points. > Linocln is not in the top 25, in spite of the fact that there are over 130 > folks who make over $1 million/yer. > > If you look at our state certified affordable housing, that makes up 14%. > 1/3 of our homes are condo, townhouses or apartments. > 1/3 of us are over 60. > > While we are not racially diverse, our housing stock and other measures > indicate a degree of diversity that might surprise some…and should factor in > as we plan, going forward. > > Sara > > > > > The median household income of $84,385 made Massachusetts the third-richest > state in the nation, according to new Census data. > > https://patch.com/massachusetts/across-ma/these-are-richest-poorest-towns-massachusetts?utm_source=shared-email&utm_medium=email&utm_campaign=share > > <https://patch.com/massachusetts/across-ma/these-are-richest-poorest-towns-massachusetts?utm_source=shared-email&utm_medium=email&utm_campaign=share> > > > ------ > Sara Mattes > > > > > -- > The LincolnTalk mailing list. > To post, send mail to [email protected] > <mailto:[email protected]>. > Search the archives at http://lincoln.2330058.n4.nabble.com/ > <http://lincoln.2330058.n4.nabble.com/>. > Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/ > <https://pairlist9.pair.net/mailman/private/lincoln/>. > Change your subscription settings at > https://pairlist9.pair.net/mailman/listinfo/lincoln > <https://pairlist9.pair.net/mailman/listinfo/lincoln>. > > <Screen Shot 2022-04-25 at 3.53.45 PM.png>
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