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Does Detroit Still Have Economic Struggles?

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Does Detroit Still Have Economic Struggles?

Despite ongoing efforts to revitalize Detroit, the city continues to grapple with persistent economic and social challenges. Although there have been notable successes in recent years—including a dramatic uptick in downtown housing and business investments—Detroit remains one of America’s most socioeconomically vulnerable cities.

The city of Detroit has long been a symbol of urban decline in the United States. Located in southeast Michigan, it was once the US auto capital and a major driver of the nation’s economy. But the industry’s downfall—paired with decades of disinvestment—have left the city marked by widespread poverty, crime, and population flight.

Today, the main source of Detroit’s financial struggles is its high poverty rate, which is the highest among the nation’s 50 largest cities. One in three Detroiters are living below the poverty line, according to 2018 statistics from the US Census Bureau. This means many families lack access to affordable housing, quality jobs, and reliable transportation.

Unemployment rates in Detroit are similarly high. The city’s unemployment rate is 7.9%, compared to the 5.3% national average jobless rate. Long-term unemployment—defined as being unemployed for 27 or more weeks—has had an even harsher impact on local residents. The number of unemployed people in Detroit who have been searching for work for six months or more has grown to 77.5 percent according to a 2017 study from the University of Minnesota.

Crime is also a major challenge for Detroit. In 2015, the city’s rates of violent crime were more than three times higher than both state and national averages, and robberies increased by 33 percent from 2015-2016. In 2017, Detroit recorded a 3 percent decrease in total crime compared to 2016, but still recorded the highest number of arson incidents—960—of any US city.

Despite economic and security concerns, Detroit has seen some positive changes in recent years. After filing for bankruptcy in 2013, the city was able to emerge with a balanced budget and has seen increased investments in downtown housing projects and local businesses. As of 2018, more than $11 billion had been invested in development projects in the downtown district since 2010.

In addition, the city’s population has stabilized after decades of decline. Between 2000 and 2018, Detroit saw its population drop by 25%, but according to the US Census Bureau, this loss slowed in recent years as newly constructed apartments and condominiums attract young professionals to the city center.

Overall, it is clear that Detroit still faces significant economic struggles related to poverty and unemployment levels that are higher than national averages. Crime is also still an issue in many parts of the city, even though there are encouraging signs that those trends are reversing. But with new investments in housing and businesses, as well as growing population numbers, it appears this once-great city may be heading towards a brighter future.

To learn more about Detroit’s current economic struggles you can check out this Placemaking Resource Center article, which provides an in-depth look at the city’s current economic climate.

An Insider’s Guide to Detroit: Cultural Vibes, Off-Beat Attractions, and City Gems

Detroit, a city in Michigan, has faced its fair share of economic struggles in the past. However, with the rapid regeneration and investments poured into the city, Detroit has emerged as a vibrant and culturally rich destination for tourists. From mesmerizing street art to iconic museums, mouth-watering food to awe-inspiring architecture, Detroit has it all. This guide provides you with everything you need to know to experience the best of Detroit – the unmissable attractions, hidden gems, tantalizing food spots, and cultural experiences.

Local Attractions: Must-See Detroit

– Detroit Institute of Arts: Considered one of the top museums in the country, DIA houses over 65,000 artifacts from around the world, including Vincent Van Gogh’s ‘Self Portrait’ and Diego Rivera’s ‘Detroit Industry Murals.’

– Motown Museum: Home to the legendary Motown sound, a guided tour through Motown Museum can help visitors experience the lives and works of Motown’s greatest artists.

– Belle Isle Park: A gem in the city, Belle Isle is a 982-acre island park that has it all – scenic views, riverfront areas, picnic spaces, playgrounds, a golf course, and a zoo.

– The Heidelberg Project: Known for the colorful houses and genre-defying installations, the Heidelberg Project is an open-air art environment that showcases the city’s vibrant and eccentric street culture.

Dining Spots: Where to Satisfy Your Taste Buds

– Slows Bar BQ: A favorite among the locals, Slows Bar BQ serves delicious and slow-cooked dishes like brisket and pulled pork with a range of house-made sauces.

– Zingerman’s Deli: Located just an hour from Detroit, Zingerman’s Deli offers world-famous sandwiches with quality ingredients. While it may be a bit of a trek, it’s definitely worth it.

– Supino Pizzeria: A relative newcomer to the Detroit pizza scene, Supino Pizzeria has quickly gained popularity for their artisanal pizzas made with quality ingredients.

– Wright and Co.: Located in an old building, Wright and Co. features a unique and cozy atmosphere to enjoy their delicious small plates and cocktails.

Cultural Experiences: Understanding Detroit’s Roots and Soul

– Detroit Historical Museum: A dazzling visual survey of the city’s past, the Detroit Historical Museum features exhibits on the city’s progress and growth, like the Motor City and the history of the automobile industry.

– Charles H. Wright Museum of African American History: This museum showcases the African American lifestyle in the US and includes exhibits like portraits, life-sized dioramas, and interactive technology.

– The Eastern Market: A vibrant and colorful marketplace, the Eastern Market is a perfect place to experience the city’s culture and cuisine. The market offers fresh produce, street food, and artisanal goods from local vendors.

Off-the-Beaten-Path Suggestions: A Unique Take on Detroit

– Pewabic Pottery: Known for its handmade ceramics and unique history, Pewabic Pottery offers visitors an experience to explore their studios, galleries, and museum.

– The Michigan Building: An abandoned high-rise that offers the perfect spot for a photoshoots, The Michigan Building has been featured in various films and music videos.

– The Shinola Factory: A popular watch and luxury goods company, Shinola describes itself as “where American is made” and visitors can take tours of the manufacturing process, or make customized watches and leather items.

Exploring Detroit is a unique journey that promises an unforgettable experience with so much to explore. This insider’s guide can help you gain a deeper appreciation for the city, whether it’s your first trip or if you’re a seasoned traveler. Plan a trip to Detroit today and discover why it’s one of the most exciting destinations in the US.

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Does Detroit Still Have Economic Struggles?

Experience Adventure Like Never Before: Book Your Tour Today!