36% of MN households lived paycheck to paycheck in 2021-2022, with ALICE (24%) facing financial strain, especially among Black (66%) and Hispanic (46%)

A new United Way report reveals that 36% of Minnesota households lived paycheck to paycheck from 2021 to 2022, with 24% classified as ALICE (Asset Limited, Income Constrained, Employed). ALICE workers earn above the poverty line but struggle to afford basic needs. The report highlights significant financial strain, particularly among Black (66%) and Hispanic (46%) households. With rising living costs, it calls for a reevaluation of poverty definitions and increased support for vulnerable families.

September 10, 2024
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