Monmouth County Residents Working, but Struggling to Afford Basics
Marlboro and Colts Neck are among the highest ranking econimically viable townships according to a new report.
According to a new report, 28 percent of Monmouth County residents struggle to afford basic necessities, despite having working adults in the home. Marlboro and Colts Neck are among the highest ranking economically viable townships.
The United Way reports New Jersey sees one in three households in the same situation, hard-pressed to pay for "housing, child care, food, health care, and transportation."
United Way recently released a report, five years in the making, to document the number, location and experiences of New Jersey families who Legislative working, yet "who live each day one crisis away from falling into poverty." The report is known as the ALICE project, which is an acronym for " Asset Limited, Income Constrained, Employed."
According to the study, between 11 and 20 percent of Marlboro Township residents fall into the ALICE threshold. In Colts Neck, between 6 and 10 percent fit the description.
The families studied make more than the official poverty level, but "way less than an individual or family needs to sustain a reasonably healthy standard of living."
The average cost of basic necessities in Monmouth County, including housing, child care, food, health care, and transportation, totals $53,400 for a family of two adults, an infant and a toddler. That number is more than double the US poverty rate of $22,113.
Monmouth County has one of the smallest number of households below the "ALICE threshold" in the state, ranking number 8 of the 21 counties in the state.
"I love living in New Jersey. When one drives around the state it is hard not to notice the beautiful tree-lined streets, lovely homes, nice cars, and great shopping," wrote John B. Franklin, CEO, United Way of Northern New Jersey, in a prepared statement. "These are all signs of the affluence that surrounds us, but if you look a little closer, scratch the surface and get a deeper glance, you will find ALICE."