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Portland Does Not Treat Single Moms Very Well

Monday, March 21, 2016

 

 

A new study shows that single mothers in Portland, Oregon don't do as well economically as their peers in other cities in America. This is the third study recently released that unveils that woman in the PDX-metro area don't economically perform as well.

Previously, GoLocal published reports that showed Portland scored poorly for women in technology. Portland women in technology ranked 58th out of 58 cities ranked. In addition, data from American Express/Open small business research found that Portland's women owned businesses ranked 91st out 100 cities ranked.

Today, single-mom families account for a quarter of all U.S. households, at nearly 10 million, far out numbering their single-dad counterparts by a good eight million, according to WalletHub.

"But whether by volition or otherwise, the role of an unattached parent can be somewhat of a financial tightrope act, especially if you’re a single mom relying on a single income.

In 2014, the median income for a home led by an unmarried mom totaled $24,403, not even a third of the $84,541 for families headed by married parents, according to U.S. Census Bureau data. And solo-mom families are more likely than single-dad units to live under poverty, with child-care costs that exceed the cost of rent in every state eating a good chunk of their earnings."

Source: WalletHub
 

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