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Medium Household (HH) Income: $173,575
Poverty Rate: 2%
What is the ALICE® population?
ALICE is a United Way acronym that stands for "Asset Limited, Income Constrained, Employed." ALICE households earn more than the official U.S. poverty level but less than the basic cost of living. Because Millburn-Short Hills is one of the wealthiest towns in New Jersey, the existence of struggling households is often overlooked.
How many ALICE households are in Millburn-Short Hills?
In Millburn-Short Hills, 10 percent of households struggle to earn the basic household budget. While the poverty rate is only 2 percent, another 8 percent of families fall into the ALICE category. (At the municipal level, ALICE calculations are based on an average of 2006-2010 data).
Millburn-Short Hills is also a key part of the Essex County economy (and beyond), employing many ALICE workers from surrounding towns. Therefore the economic stability of the entire region is interrelated and interdependent.
What does it cost to afford the basic necessities in Essex County?
Based on the Household Survival Budget for Essex County (see below), it takes $49,038 for a family of two adults, an infant, and toddler to afford the basics – more than double the U.S. poverty rate of $23,050. With the high cost of housing in Millburn-Short Hills, the budget will be even higher.
The Household Survival Budget for a single adult is $23,209 compared to the U.S. poverty rate of $11,344.
Where does ALICE live in Millburn-Short Hills?
United Way of Northern New Jersey at work in Millburn-Short Hills
United Way of Northern New Jersey is working to advance the common good by focusing on local issues in the areas of Education, Income, and Health, the very basics to lead a good life. Everyone wins when children living in our communities succeed in school and achieve their potential; when families become financially stable and independent, and when individuals are able to achieve and maintain good health throughout the stages of their lives.
At United Way, we aim to create long-lasting community change by addressing the underlying causes of the most significant local and regional issues, and ultimately improve the quality of life for all in northern New Jersey.
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