News from Insight Region^®

The 2023 Champions for Accountability Badge, awarded in partnership between the Community Foundation for Northern Virginia and the Northern Virginia Chamber of Commerce, recognizes more than 40 employers willing to collect, share, and act on data about the diversity of their leadership. To receive the badge, an organization must operate in Virginia, Maryland, and/ or Washington DC; collect demographic data on board members and/or c-suite members and executives; and have completed the application by 31 August, 2023. By accepting their badges, the Champions commit to the following action:  

In 2021, one in five families (20 percent) in Northern Virginia did not earn enough money to meet their basic needsfor shelter, food, medical care, and other essentials. An additional nine percent could not cover these basic needs, and pay for childcare. All told, 29 percent of the region’s families were struggling with income inadequacy.

To cope with rising costs, families at all income levels are changing their habits. The majority of families are cutting back on discretionary spending. Nearly half of families at all income levels have compromised their financial health, including taking on more debt, and getting behind on bills. More than a quarter were sacrificing a basic need, such as delaying medical care, keeping their homes at an unsafe temperature, or going hungry.

1. 1. How do we make it easier to be a caregiver?
   2. How do we increase the supply and affordability of senior housing?
   3. How do we help individuals afford to age in place?

Research and Investments to support those 65 and older

Finding Our Way Back to Mental Health

The Need for Accessible, Affordable Treatment in the Midst of Collective Trauma

Report Examines Northern Virginia’s Disparities in Preschool Enrollment

Inclusive Prosperity means that every child is prepared for success  

Ready for Kindergarten, Ready for Life: The causes and consequences of Northern Virginia's preschool enrollment disparity

Exploring the broader context of Northern Virginia's exceptional rates of economic mobility

by Elizabeth Hughes, Senior Director of Insight Region^TM

Our region is a great place to raise a child, and now, Insight Region has produced one more data point to prove it.

Our next brief in the Inclusive Prosperity series—Spreading the Wealth —explores economic mobility, the likelihood that a child raised in a lower-income family will make it to the top quintile for income as an adult. The brief relies on data from Opportunity Insights, a think tank of out Harvard that has quantified rates of economic mobility for every census tract in the country. And their data show that of the region’s kids who grew up at or near poverty in the 1990s, approximately one in five achieved economic mobility, the highest rate of any metro area in the country.* Northern Virginia also had the highest rates of mobility among Black and Hispanic children; ten percent of Black children raised here in a lower-income family achieved economic mobility, four times higher than the national average.

Thirty years ago, children growing up in a lower-income family in Northern Virginia enjoyed the highest rate of economic mobility in the country; 19 percent were earning in the top quintile for household income as adults, the highest rate of economic mobility across the 50 most populous metro areas. This near universal “prosperity bump” extended across racial-ethnic groups. If history is any indication, that story will remain unchanged.

by Elizabeth Hughes, Senior Director of Insight Region^TM

Insight Region recently released its first research brief, Unequal Burden, which highlighted the state of housing affordability in Northern Virginia. The brief and the release event that we held on January 13^th (watch here) have generated a lot of questions about how we move forward as a region.

In this post, I am joined by my colleague Michelle Krocker (MK) from the Northern Virginia Affordable Housing Alliance to begin to answer some of those questions. Please check back as we continue to update this page with more responses.

by Elizabeth Hughes, Senior Director of Insight Region^TM

Northern Virginia is one of the country’s most expensive places to live, but also one of its most affordable.

Now, I know how that sounds. But look at the data—in 2019, Loudoun County had the fourth highest median housing cost among all counties and independent cities in the country, followed by Fairfax (#8), Arlington (#10), Prince William (#24), and Alexandria (#26). The same year, 72% of households had housing costs that were considered “affordable” by the US Department of Housing and Urban Development (HUD), and just 11% were considered severely burdened by housing costs, a rate well below the national average (14%) and other tech hubs.

A new report by the Community Foundation for Northern Virginia finds that 67% of Northern Virginians with low incomes (less than $50,000 per year for a family of four) are “severely burdened” by the cost of housing, spending over half of their income on rent, mortgage, taxes, fees, and basic utilities. Individuals and families with moderate incomes ($50,000 to $100,000 for a family of four) fare slightly better, but still over half (59 percent) cannot afford their homes and 19% spend over half of their income on housing.

In 2020, the Community Foundation for Northern Virginia launched Insight Region^®, a center for community research. It is a growing hub for reliable, well-researched, and actionable data and analyses on issues critical to Northern Virginia. Through this work, we seek to inform charitable giving, inspire civic and social action, and foster a more inclusive, prosperous region.

In 2021, Insight Region will focus on understanding and promoting Inclusive Prosperity – increasing self-sufficiency, expanding economic opportunity, and forging pathways for long-term movements out of poverty for all of Northern Virginia’s residents.