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.
How High is Inflation?
How high is inflation? As United For ALICE is showing us, the answer depends on what’s in your basket of
goods. While the Consumer Price Index tracks the rising cost of more than 200 categories of goods and
services, including luxury items, the ALICE Essentials Index zeroes in on what matters most to ALICE (Asset
Limited, Income Constrained, Employed) – household basics.
In Charlotte County 32% of households (approximately 28,585 households)* fall into the category of ALICE, while another 11% of Charlotte County households live at Federal Poverty Level, meaning that close to half (42%) 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.
For more information or to find data about ALICE in local communities, visit www.UnitedForALICE.org/Florida
For local data on the health of Charlotte County, read the 2020 Community Health & Needs Assessment
*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).