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By Fred Street (anonymous) | Posted October 26, 2012 at 08:25:33
As I've said before, Hamilton EcDev captured a snapshot of the downtown demographic in its Aug 2011 marketing materials:
http://www.investinhamilton.ca/wp-content/uploads/2011/08/DowntownProfile.pdf
By the City's own estimation, downtown represents about a fifth of Ward 2's entire population, but also overwhelmingly made up of single, childless renters in low-income households.
There are reportedly 23,400 jobs downtown generating an average salary of just under $54K, but only 8,300 residents -- and ~5,300 (64%) of those are LICO.
This wasn't always the case. Change is needed.
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