More than a third of Northeast Florida households continue to struggle to make ends meet.
– More than a third of Northeast Florida households continue to struggle to make ends meet, according to the latest ALICE report from United Way of Northeast Florida and its research partner United For ALICE.
ALICE families are typically those working one or more low-wage jobs with little to no savings. They are often overlooked and undercounted by traditional poverty measures, according to United Way.The report found deep racial disparities in the rates of financial hardship with 51% of Black households and 44% of Hispanic households in Northeast Florida below the ALICE threshold compared to 34% of white households.
In Northeast Florida, the annual ALICE Household Survival Budget for a family of four was $84,612 in 2022. Compounding these 2022 numbers was the loss of up to $15,000 in federal child tax credits and stimulus payments that families had access to in 2021. The Household Survival Budget reflects the minimum cost to live and work in the region and includes housing, childcare, food, transportation, health care, a smartphone plan and taxes.
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