Daytona Beach is one of the poorest cities in the country, with a median annual household income of just $31,273. The city’s low median income is likely due in part to a lack of jobs. Some 6.3% of the Daytona Beach workforce is out of a job, well above the 4.9% annual U.S. unemployment rate.Though the crime rate is surprising, what this report fails to mention is that a sizable portion of Daytona's residents are seasonal second homeowners and retired, which would help account for the low employment rate and low net incomes.
The lack of jobs may be partly due to the city’s high crime rate, which may drive potential employers and small business owners away. There were 1,221 violent crimes and 6,297 property crimes for every 100,000 Daytona Beach residents in 2016, each nearly triple the comparable national crime rates.
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