Jan 18, 2021 7:26 PM Daytona Beach, FL - It s not too late for Daytona Beach businesses to let members of the Daytona Beach City Commission (DBCC) know that they want Bike Week to take place this year. The Daytona Regional Chamber of Commerce (DRCC) reports that that the commissioners are not receiving calls from the community to allow the event to go on this year. The Chamber is asking business owners and other decision makers to send a note and ask employees to send a brief email or make a call to the Daytona Beach City Commissioners stating how this impacts their employment and ability to earn money to pay their bills and provide for their families. Another way to let the DBCC know how important it (Bike Week) is to their household budgets is by attending Wednesday night s (January 20) meeting to let commissioners hear firsthand from the public. DRCC is asking that interested parties contact their Commissioner or all of them before
DAYTONA BEACH About 45% of local households spend more than 30% of their income on housing.
Close to 22% of those households are especially overburdened with housing costs, spending more than 51% of their salaries to stay in the places they call home. Daytona Beach renters are impacted most heavily, with 61% of them pouring more than a third of their earnings into keeping a roof over their heads.
With the area s median income at $64,900 for a family of four, that 30%-plus for housing cuts deeply into low-wage salaries that also have to cover everything from food to insurance to transportation. Local wages have simply not kept pace with rising rents and single-family home prices.