October 10, 2016
More Connecticut households are struggling to pay for their most basic needs, according to a new report from United Way. More than one out of four households – in one of the wealthiest states in the U.S. – are employed, yet still fall below what is needed to thrive financially. That is an increase in both the number and percentage of such households in 2014 as compared with 2012, according to the updated ALICE report.
A total of 361,521 Connecticut households fall into what the study describes as the ALICE population. These are households earning more than the official U.S. poverty level, but less than the basic cost of living. This is more than 2.5 times the number of households that fall below the federal poverty level. ALICE households make up 20% or more of all households in 114 (67%) of Connecticut’s 169 cities and towns.
Continue reading: ctbythenumbers.com