The effects of poverty extend far beyond economics. According to the latest Pulse Survey from the U.S. Census Bureau, 38% of American adults earning less than $25,000 reported feeling depressed or hopeless on most days, compared to 17% of all adults. Additionally, 27% of adults in the lowest income bracket reported not having enough to eat within the last week, three times the food insufficiency rate among all adults. These facts are still the case despite President Lyndon Johnson declaring war on poverty over 60 years ago. Poverty remains endemic in the United States.
In any given year over the last three decades, anywhere from 31.6 million to 48.8 million Americans were living below the poverty line. Over that period, the annual U.S. poverty rate climbed as high as 15.9% and never fell below 11.3%.
In most of the country, including Florida, the U.S. Department of Health and Human Services sets the poverty line at an annual income of $15,060 for individuals and $31,200 for a family of four. In Florida, 12.9% of the population lives below these thresholds, and in many towns across the state, the poverty rate is far higher.
Using five-year estimates from the Census 2022 American Community Survey, 24/7 Wall St. identified the towns in Florida with the highest poverty rates. We considered all places — including cities, towns, and unincorporated communities — with populations between 5,000 and 50,000. Because the presence of colleges and universities can distort economic realities in a given area, places where 20% or more of the population are enrolled in post-secondary institutions were excluded from the analysis.
Among the 35 places on this list, poverty rates range from 23.4% to 46.7%, and in each of these places, the typical household earns less than the statewide median household income of $67,917.
Widespread financial hardship in these areas is partially attributable to a lack of economic opportunity. In most places on this list, the five-year average unemployment rate is higher than the comparable 5.0% jobless rate across Florida.
Incomes and job security tend to rise with educational attainment. According to the Bureau of Labor Statistics, the typical worker with a bachelor’s degree earns 66% more than those with no more than a high school diploma. Additionally, workers with only a high school education are far more likely to be unemployed than college graduates. In every town on this list, the share of adults with a bachelor’s degree is below the 32.3% statewide bachelor’s degree attainment rate.
Why It Matters
The United States is, in many ways, the center of gravity of the global economy. The U.S. dollar has been the world’s leading reserve currency since the end of World War II, and American gross domestic product accounts for over a quarter of economic activity worldwide. Despite these advantages, more than one in every 10 Americans has been living below the poverty line for decades. For those facing serious financial hardship, the effects are far-reaching. Poverty can negatively impact mental health, social relationships, and life expectancy.
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