United Way ALICE Report Tampa Bay Regional Planning Council June 14 th , 2019 Presented by With support from
Poverty • Created in the 1960’s. Federal guideline for an individual who does not have enough money to support themselves… • Based on 1955’s Department of Agriculture's economical food plan which assumed families spend a third of their income on food. • Therefore, they just took the average amount spent on food, multiplied by 3, and got the federal poverty line! Source: Federal Reserve Bank of St. Louis: https://www.stlouisfed.org/publications/regional- economist/july-2012/understanding-poverty-measures-and-the-call-to-update-them Presented by With support from
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ALICE • In 2009, the United Way of Northern New Jersey commissioned Dr. Stephanie Hoopes, a researcher from Rutgers University - Newark, to conduct a pilot research study focusing on the circumstances of low-income households in Morris County. • In 2014, Florida’s first United Way ALICE Report was released. • The initial study has grown to include United Ways, corporations, and foundations in 19 states in a movement to change the national dialogue about financial hardship. All ALICE data available at: https://www.unitedforalice.org/ More specifically: https://www.unitedforalice.org/florida Presented by With support from
A sset L imited I ncome C onstrained E mployed Presented by With support from
Who is Alice? Percentage of Florida • Of Florida’s 7.5 million households households (20.6 million people), 14% earn Poverty below the FPL, and another 32% ALICE are ALICE. Above ALICE threshold • Florida ALICE level: • $20,712 for single adult • $55,164 for family of four 14% • Federal Poverty Levels: • $12,060 for single adult 54% 32% • $24,600 for family of four Source: United Way ALICE 2018 update. Research from ALICE Project out of United Way of Northern New Jersey Presented by With support from
2018 ALICE Report • Housing – below average size & cost including utilities • Childcare – the cheapest legal home- based childcare • Food – careful purchasing & preparation with no eating out • Transportation – Gas, insurance & basic maintenance only • Healthcare – basic out-of-pocket costs with no insurance premiums & ACA penalty • Miscellaneous – minor cost overruns & other essentials • Taxes – Social Security, Medicare, income taxes & credits Presented by With support from
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Household Survival Budget – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2016 Presented by With support from
2018 Key Takeaways • Our communities are improving, but there is still much work to be done • Number of people struggling in poverty has reduced • BUT the number of people above ALICE have also reduced • Systemic inequity continues to allow some groups to struggle more • Single-parent households, households under 25, and Hispanic and Black households all have fewer people above ALICE than their counterparts • Solutions require comprehensive approaches to our families and need to address a variety of financial stability foci Presented by With support from
Families in poverty are going down, but so are families above ALICE. Presented by With support from
Here, poverty and ALICE are a little lower, but not by much . Households by Income – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2010 - 2016 Presented by With support from
All areas of Florida need support, but rural Florida has the greatest below ALICE. Presented by With support from
Data can be broken down by various geographic areas (including multiple counties) Presented by With support from
In our area, pockets of communities have higher rates than others. Presented by With support from
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Notes on the data • Data can be grouped by any county or mix of counties and can be broken down by: • Congressional District • Place • PUMA • Sub-County • Zip Code • All data available in excel format and each area listed above has GEO.id2 and GEO.display_label information • For the most part, Congressional District and PUMA use ACS 1-year estimates. • ZIP code, Sub-County, and Place use ACS 5-year estimates • Full methodology available at: • https://www.unitedforalice.org/methodology Presented by With support from
Single headed families (especially single female-headed households) struggle significantly more than married groups. Families with Children – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2016 Presented by With support from
Households aged under 25 struggle significantly. Those over 65 are the next hardest hit. Households by Age – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2016 Presented by With support from
Hispanic and Black households struggle significantly more than their racial counterparts. Households by Race / Ethnicity – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2016 Presented by With support from
~2/5 of all private jobs in the area are small business. Highest wages are in businesses that employ 50 – 249 employees. Reminder: annual ALICE budget for family of 4 is $58,776 ($21,684 for single adult) Employment by Firm Size with Average Annual Wages – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2016 Presented by With support from
Possible Reasons Why • While unemployment is falling, underemployment remains high. • 1.1 million jobs were reported being created from 2010 - 2016 • In Florida, unemployment in 2016 was 4.9 percent, though underemployment was 10.3 percent. • Low- wage jobs also “dominate the employment landscape”. • An increase in the gig economy is leading to increased income, but also increased financial instability. • Nationally, 29 percent of workers have a second job. • 18 percent of full-time public school teachers have a second job. • Basic cost of living is still on the rise. Presented by With support from
Across all of Florida, 67% of all jobs pay less than $20 an hour, which is not enough to reach the ALICE threshold. Presented by With support from
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What Can We Do? The 2018 ALICE report suggests the following: • Reduce the widening skills gap • Support stable and viable employment • Increase savings and assets • Address Systemic Bias Presented by With support from
What Are We Doing? • VITA – Volunteer Income Tax Assistance • Free Tax Prep to low-income clients • BankOn • Working with Institutions to provide safe and affordable accounts for clients • Financial Coaching • Connecting skilled mentors to those who want guidance • Suncoast Campaign for Grade Level Reading • Reading proficiency by third grade - Important Predictor for Highschool graduation & Career Success • IDA – Individual Development Accounts • Matched savings accounts to build assets (education, transportation, etc) • FAFSA – Free Application for Federal Student Aid • Part of a coalition to help students apply for free aid for college • Workforce Development • Connecting and upskilling individuals and employers for sustainable employment WalkWithALICE.com Presented by With support from
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