Nearly half of all urban residents currently live in a middle neighborhood. These are places that are neither hot market areas with rapidly rising prices, nor distressed areas with falling prices and rising vacancies. Rather, these are the affordable neighborhoods in their jurisdictions. On the edge between growth and decline, middle neighborhoods are generally affordable, stable, and safe, and they historically have played an important role building opportunity and prosperity.
Just as rising prices from gentrification can displace long-term residents, a failing middle neighborhood can have devastating trigger effects on its residents and its municipality. When neighborhoods decline, large numbers of modest-income households, many of whom are people of color, lose wealth due to declining home values. Failing middle neighborhoods can jeopardize municipal and school budgets, and increase appeals for federal and state support because declining home values mean a loss of property tax revenues.
Despite their importance, middle neighborhoods are the subject of very few strategic interventions and policies.
Learn more about the Middle Neighborhoods Action Agenda for a National Movement.