Nearly half of households in Texas are struggling to make ends meet, according to a new report from the United Way — and in San Marcos, the number of financially strapped households is even higher.
The United Way of Texas released the Texas ALICE Report Tuesday. ALICE stands for “Asset Limited, Income Constrained, Employed” — populations who have little or no savings but who work at low-paying jobs and are one emergency from falling into poverty. The report tracked Texas households from 2007 through 2016, the most recent year for which data was available.
“ALICE runs above the poverty level,” United Ways of Texas President Adrianna Cuellar Rojas said during a press conference about the report. “But one setback, one illness, one natural disaster, one car repair, can cause ALICE to spiral.”
