United Way of Alabama releases first statewide ALICE Report showing 46% of households below financial survival threshold
Anniston, AL – A comprehensive new study reveals that 928,753 Alabama households – representing 46% of all households in the state – earned below what researchers call the “ALICE Threshold of Financial Survival” in 2023, struggling to afford basic necessities despite many having jobs.
The first-ever statewide ALICE Report, released by United Ways of Alabama in partnership with United For ALICE, provides detailed analysis of financial hardship across the state. ALICE stands for Asset Limited, Income Constrained, Employed – a population that earns above the Federal Poverty Level but below what’s needed to cover basic household costs…