One in ten households in Washington State makes more than $82,400 a year, but not every town in the state is as wealthy. A site that reviews security products called SafeWise says that Oroville is the poorest town in Washington. Oroville is in Okanogan County, close to the border with Canada. It has the lowest median family income in the state among towns with 25,000 or more people. Why is Oroville poor, and how does that affect the people who live there? Let’s find out.
How Different Washington’s Median Household Income Is
The average family income in Washington State is $82,400, which is a lot of money. But this wealth isn’t spread out equally among all of its towns. SafeWise, a respected site that reviews security products, says that Oroville is the poorest town in Washington. Oroville is in Okanogan County, close to the border with Canada. It has the lowest median family income in the state among towns with 25,000 or more people. Let us look into what is causing Oroville’s economic problems and how they affect the people who live there.
The way SafeWise ranks the poorest cities
The 2019 American Community Survey from the U.S. Census Bureau is used by SafeWise to find and rank the cheapest towns in each state. To do this, they find the median family income for each town and then put the towns in order of lowest to highest income. There are only towns with at least 25,000 people that are included in the study. These towns also give the FBI full crime data.
SafeWise says that the median household income is the point in the income distribution where half of the families make more money than the median and the other half make less. It’s important to note that this figure doesn’t include income from outside the home, like investments or government benefits.
Problems with Oroville’s Economy
A small town with about 1,700 people, Oroville has a long and interesting past. It was founded in 1892 and became famous as a center for mining and farming in the early 1900s. It also leads to a number of recreational places, such as Osoyoos Lake, the Okanogan River, and the Similkameen Trail.
The median household income in Oroville is much smaller than in most other towns in Washington and the country. The average family income in Oroville is only $32,083 a year, which is much less than the $82,400 average in Washington and the $69,021 average across the country. Most homes in Oroville make less than $32,083 a year, which means more than half of them.
Oroville’s low income is caused by a number of things, such as
Not Many Economic Opportunities: Oroville does not have many companies or businesses that offer well-paying jobs. The U.S. Bureau of Labor Statistics says that the most common jobs in Oroville are those that work in farming, fishing, and logging, as well as those that make things and serve food. Because these jobs usually don’t require as much schooling or skill, the pay is lower.
High Unemployment Rates: The jobless rate in Oroville is 10.3%, which is higher than the state average of 6.0% and the national average of 5.4%. When unemployment is high, people’s incomes can drop by a lot, making them more dependent on government aid.
Cost of Living: The cost of living measure in Oroville is 96.8, which is a little lower than the national average of 100 and higher than the state average of 94.93. The cost of living index measures how much it costs to live in a certain place by looking at things like housing, food, transportation, healthcare, and utilities. The ability to buy things and save money can be lost when the cost of living goes up.
Making Oroville’s economic outlook better
Oroville doesn’t have to stay the poorest town in Washington forever. There are several things that the town and its people can do to raise incomes and improve quality of life:
Diversifying Economic Opportunities: Oroville could bring in businesses and fields that offer higher-paying jobs, like those in tourism, technology, healthcare, or education. Another option is to help businesses that are already going strong, like mining, farming, or manufacturing that have room to grow.
Getting rid of unemployment and building up the workforce: It is very important to put in place policies and programs that will help lower unemployment and build up the workforce. This could include job training, educational programs, help finding a job, and rewards for hiring people from the area. Promoting innovation and entrepreneurship and making facilities better are also things that could be looked into.
Affordability Measures: To make things more affordable, Oroville could think about lowering the cost of life. This could mean making more cheap housing available, lowering taxes and fees, giving discounts and subsidies for basic goods and services, and making public spaces and amenities better.
Conclusion
SafeWise looked at Census data and found that Oroville has the lowest median family income of any town in Washington. Large parts of this economic inequality can be traced back to a lack of jobs, high jobless rates, and high living costs. Even so, Oroville has the ability to get bigger and better. Oroville can work toward a better future by expanding its business options, reducing unemployment, and making housing more affordable.