Tampa Bay Regional Planning Council June 14 th , 2019 Presented by - - PowerPoint PPT Presentation

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United Way ALICE Report Tampa Bay Regional Planning Council June 14th, 2019

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Poverty

• 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

• Created in the 1960’s. Federal guideline for

an individual who does not have enough money to support themselves…

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ALICE

All ALICE data available at: https://www.unitedforalice.org/ More specifically: https://www.unitedforalice.org/florida

• 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.

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Asset Limited Income Constrained Employed

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• Of Florida’s 7.5 million households

(20.6 million people), 14% earn below the FPL, and another 32% are ALICE.

• Florida ALICE level:
• $20,712 for single adult
• $55,164 for family of four
• Federal Poverty Levels:
• $12,060 for single adult
• $24,600 for family of four

14% 32% 54%

Percentage of Florida households

Poverty ALICE Above ALICE threshold

Who is Alice?

Source: United Way ALICE 2018 update. Research from ALICE Project out of United Way of Northern New Jersey

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• 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

2018 ALICE Report

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Household Survival Budget – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2016

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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

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Families in poverty are going down, but so are families above ALICE.

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Here, poverty and ALICE are a little lower, but not by much . Households by Income – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2010 - 2016

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All areas of Florida need support, but rural Florida has the greatest below ALICE.

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Data can be broken down by various geographic areas (including multiple counties)

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In our area, pockets of communities have higher rates than others.

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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

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Single headed families (especially single female-headed households) struggle significantly more than married groups. Families with Children – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2016

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Households aged under 25 struggle significantly. Those over 65 are the next hardest hit. Households by Age – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2016

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Hispanic and Black households struggle significantly more than their racial counterparts. Households by Race / Ethnicity – Hillsborough, Manatee, Pasco, and Pinellas, Florida 2016

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~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

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• 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.

Possible Reasons Why

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Across all of Florida, 67% of all jobs pay less than $20 an hour, which is not enough to reach the ALICE threshold.

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The 2018 ALICE report suggests the following:

• Reduce the widening skills gap
• Support stable and viable employment
• Increase savings and assets
• Address Systemic Bias

What Can We Do?

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• 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

What Are We Doing?

WalkWithALICE.com