Downtown Workforce Housing Study
Capital Crossroads, the Polk County Housing Trust Fund, the City of Des Moines, and several other partners from around the region and beyond collaborated with the Virginia Center for Housing Research at Virginia Tech on this report looking at how the region’s workforce will change over the next 20 years and what that means for housing.
Headline findings from the report included that
Nearly 58,000 households in the Des Moines MSA are cost-burdened, spending more than 30 percent of their income on housing.
Polk County will need to add 57,170 net new housing units between 2018 and 2038 to accommodate net new workers in the region. The largest share of net new working households—47.4 percent or more than 27,100 households—will have incomes between $25,000 and $49,999.