Here at United Way of Lapeer County, we analyze the findings of the yearly released ALICE Report. The ALICE Report provides us with high quality, research-based information to foster a better understanding of the struggles faced by a population called ALICE.
ALICE, an acronym for Asset Limited, Income Constrained, Employed, is a new way of defining and understanding the struggles of households that earn above the Federal Poverty Level, but not enough to afford a bare-bones household budget.
ALICE cannot always pay the bills, has little or nothing in savings, and is forced to make tough choices such as deciding between quality child care or paying the rent. One unexpected car repair or medical bill can push these financially strapped families over the edge.
The future success of our communities is directly tied to the financial stability of these fragile ALICE households.
The Alice Report spans 23 states and more than 660 United Ways across the country. Together United for ALICE partners can evaluate current initiatives and discover innovative approaches to improve life for ALICE and the wider community.
ALICE Fast Facts:
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Of Michigan's 3,963,558 households, 504,237 earned below the Federal Poverty Level (13%) in 2019, and another 1,004,047 (25%) were ALICE.
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