PORT CHARLOTTE — A Southwest Florida family of four with two children must earn more than $104,000 a year to afford basic necessities and childcare, according to a new report from United Way.
For years, United Way and other aid organizations have been using the term ALICE, which stands for Asset Limited, Income Constrained, Employed populations in the United States. The threshold for ALICE families are above the Federal Poverty Level, but below the basic cost of living.
The ALICE report, which comes out each year, highlights counties in Southwest Florida that experience financial hardship, including Sarasota County’s family survival budget of $108,900 and Charlotte County’s at $104,400…