By Tom Scanlon | Scottsdale Progress
A trend worrying elected officials might be called “the Scottsdale senior squeeze” as older adults are squeezed out of the city by ballooning rents.
According to the US Census Bureau, Scottsdale’s median household income of $97,409 is nearly 50% higher than neighbors like Phoenix ($64,927), Mesa ($65,725) and Tempe ($64,080).
Yet Scottsdale has a growing problem: Seniors struggling to pay rent.
“I am concerned about seniors being squeezed out of housing by higher rents,” Councilman Tom Durham said.
