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KERA's One Crisis Away project focuses on North Texans living on the financial edge.

One-Third Of Dallasites Are Asset-Poor, New Survey Shows

Corporation for Economic Development
Here's a look at asset poverty rates across North Texas. The higher rates are shaded in dark green.

A new nationwide study shows a continuing surge in “asset poverty” rates in North Texas -- despite the economic recovery. 

Asset poverty is a measure of how many people can weather a financial crisis -- it was the basis for KERA’s recent series “One Crisis Away.” The latest numbers from the Corporation for Economic Development show that 36 percent of Dallasites and 31 percent of Fort Worth residents are asset-poor. Meanwhile, 26 percent of Tarrant County and 31 percent of Dallas County residents are asset-poor.

Explore the data here.

Learn more about KERA's "One Crisis Away" series here. And explore our Digital Storytelling Project here.

From Corporation for Economic Development:

Nearly half (45 percent) of all households in major American cities are financially vulnerable—without assets or adequate savings to cover basic expenses for even three months in the event of an emergency, such as a job loss or health crisis. The inability to bounce back from financial pitfalls is not only a detriment to families but also to the economic growth of the cities in which they live.

Courtney Collins has been working as a broadcast journalist since graduating from the Medill School of Journalism at Northwestern University in 2004. Before coming to KERA in 2011, Courtney worked as a reporter for NPR member station WAMU in Washington D.C. While there she covered daily news and reported for the station’s weekly news magazine, Metro Connection.