39% of Tri-County Households Were
Living Paycheck to Paycheck in 2022
Trident United Way and United for ALICE® Release Updated Data
Though wages have risen across the country at the fastest rate in four decades,
Tri-County households saw increases in the cost of living from 2021 to 2022 that far outpaced those additional earnings.
As a result, a total 131,809 Tri-County households (39%) were living paycheck to paycheck, according to a new update from Trident United Way and its research partner United For ALICE®.
That calculation includes the 35,898 households living below the Federal Poverty Level, as well as another 95,911 households, as defined as ALICE® (Asset Limited, Income Constrained, Employed), earning above the Federal Poverty Level but less than what’s needed to survive in the current economy.
"Trident United Way is taking this data and putting it into action for our community," said Trident United Way President and CEO DJ Hampton
"We are awarding many of our Changemaker Grants to nonprofit partners who support ALICE families, and we will continue to work at the local and state levels to advocate for hardworking families and individuals in the Tri-County.”
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