an
n iv e r s a r
y
1
st
C e l e b r a t i n g 3 1 Ye a r s o f Service in Inglewood, Airport area Communities
City of Champions Your Community Connection Since 1994
EYE ON THE CITY December 7-13, 2023
“Tree Lighting Ceremony..” See Page 3
VOL. 38, No. 49
Commemorating the Los Angeles Rams Return with a Season of Giving
turned coat and left the city. For 25 champions suffered the most bitter brought with them the Los Angeles unimaginable loss, when the Lakers Chargers, but they also brought a 1995 was a terrible year for Los years, there was no rough stuff in moved downtown. Angeles sports. It was around then the city. Five years after the game But when the Los Angeles Rams that both the Raiders and the Rams of football left the area, the city of Continued on page 7 came back to town, they not only Charles Jackson
Inglewood is Aging Faster Inglewood Today Writer
As the population around the world continues to age, America is no exception. In particular, the average life expectancy of Americans has increased by nearly a decade since the early 1960s. Further, the Baby Boomer generation, which accounts for more than three-quarters of the US population, is entering its elderly stage as the last Boomers will reach the age of 60 in 2024. The aging of the American population has widespread implications for society and the economy. In particular, there is a decrease in the labor force as there will be fewer people in their prime working years. Additionally, in
many cases, tax collections will also decrease, and at the same time there is an increased need for health and social services due to the rise of elderly citizens. In the city of Inglewood in California, the effects of an aging population are particularly acute. In 2012, seniors accounted for 9.8% of the population in Inglewood, and by 2022, this population had increased to 14.3%, a 4.5 percentage point rise. This means that Inglewood is aging at a faster rate then the United States as a whole, where the percentage of seniors rose from 11.2% to 14.8% in the same period. Continued on page 3
As home prices increase,
Inglewood ranks among the top 20. Inglewood Today Writer
As U.S. housing prices steadily climb, Inglewood, California has experienced a particularly impressive 172.3% increase in median home prices in the last decade. This dramatic shift in home values, paired with stagnant growth in wages and prices, is having a tangible impact on housing affordability in the country. Since 2013, when the median home price in Inglewood was $268,046, the price of a house has increased by an incredible 172.3%, reaching a whopping $729,999 in 2021. When compared to other small U.S. cities, Inglewood is in
the top thirteen for the area with the highest increase in real estate wealth over the past decade. Unfortunately, the stark disparity between median home prices and wages means that housing in Inglewood is becoming increasingly out of reach for potential buyers. Since 2013, the Consumer Price Index has increased by just 32% while the average hourly income has seen a modest rise of only 41%. Thus, despite the area’s impressive growth in home values, homeowners seeking to enter the Inglewood
Continued on page 3
JOIN US ON