ALICE (Asset Limited, Income Constrained, Employed)
With the cost of living higher than what most wages pay, ALICE families work hard and earn above the Federal Poverty Level (FPL), but do not earn enough to afford a basic household budget consisting of
- child care,
- transportation and
- health care.
May 27, 2020
In Charlotte County 30% of households (approximately 29,964 households)* fall into the category of ALICE, while another 10% of Charlotte County households live at Federal Poverty Level, meaning that close to half (40%) are struggling to meet basic needs.
PORT CHARLOTTE, FL – Collaboration has been the key to reducing poverty in Charlotte County, and with the ongoing impact of COVID-19, collaboration will be crucial to unlock continued progress toward helping local families meet their basic needs. The most recent ALICE Report, released today by the United Way of Florida, showed a decline in households living in poverty in Charlotte County as well as a decline in households that fall within the scope of ALICE (Asset Limited, Income Constrained, Employed). To read a copy of the report and find county-by-county and town-level data on the size and demographics of ALICE as well as the community conditions and costs faced by ALICE households, visit www.UnitedForALICE.org/Florida.
The 2020 ALICE Report shows improvement for Charlotte County: 10% of households were below the Federal Poverty Level and 30% fell into the ALICE category. “When COVID-19 hit, we had gone from 45% of our families struggling to 40%,” said United Way of Charlotte County Executive Director, Angie Matthiessen. “We have undoubtedly taken a step back with the unprecedented, and still undetermined, economic impact of the crisis, but Charlotte County will rebound.” To read more, click here.
For more information or to find data about ALICE in local communities, visit www.UnitedForALICE.org/Florida
*It is important to note that the figures for the 2020 ALICE Report use a slightly revised methodology and are not able to be directly compared to previous ALICE figures. This improved methodology includes a more localized reflection of household costs, a better reflection of household compositions, and a more realistic reflection of the survival budget of those age 65 and over (e.g. lower transportation costs, but higher costs for treatment of chronic conditions).