In 四虎影院鈥檚 series , we look at the high price of being poor in a place called Jubilee Park. The Dallas neighborhood is sandwiched between Interstate 30 and Fair Park.
There鈥檚 a lot of good happening there including a sparkling community center and a dramatic drop in the crime rate. But life in Jubilee Park isn鈥檛 easy. The unemployment rate is twice the state average and in some parts, the median income is $16,000.
In this neighborhood, a lot of residents don鈥檛 trust banks, including Chris Crowley.
鈥淵ou read about everyday some bank is losing information. And I got bills to pay and I ain鈥檛 got time to tell the light company, 鈥榟ey, I can鈥檛 pay ya鈥檒l right now because there was a glitch and my money鈥檚 lost.鈥� You know?,鈥� wonders Crowley.
About 13 percent of Texans are unbanked according to the Corporation for Enterprise Development. That means no checking account, no savings account, nothing.
鈥淚n Dallas we鈥檝e got some big issues too. I think in the city of Dallas it鈥檚 almost 15.6 percent of people are unbanked and then another 26 percent, underbanked,鈥� says Susan Hoff with the United Way of Metropolitan Dallas.
Not everyone resident falls into that category. Ella Garrett has lived on Congo Street in the Jubilee Park since the 1970s. Hear her talk about how she鈥檚 saved for retirement from her job in downtown Dallas in the video below.
https://www.youtube.com/watch?v=6PTsPenbluo&feature=youtu.be
See striking photos of Jubilee Park and the people who live there and learn more about the costs that come with not having a bank account
