Creating a Path to Prosperity for All Zip Codes in Florida
In many ways, Florida is moving in the right direction. Florida is the 17th largest economy in the world and creates one out of every 10 jobs in the United States. Florida is the third largest state in the nation and welcomes 900 new residents each day. For many, this is the Florida they live in- one that is prosperous, creates jobs and economic opportunity. Yet, there is a very different reality many Floridians live in. Florida has led the way in economic growth and opportunity. We can and must do more to break the cycle of generational poverty by focusing on creating opportunities for all Floridians, especially those born into poverty. Businesses can, and are, leading the way in addressing this crisis and they are doing it through our Florida Prosperity Initiative.
Director of the Florida Prosperity Initiative
Find Your County’s Poverty Rate
Florida has more than 3.129 million people living in poverty, with 944,415 of that total under the age of 18. This is compared to the national overall poverty rate of 13.5 percent and 19.7 percent for national under-18. The sheer number of Floridians living in poverty in our state impacts not only individual families, but also businesses, Florida’s economy and our state’s global competitiveness.
Ending Generational Poverty in Florida: Business Community’s Commitment and Charge
Businesses are Leading the Way to Break the Cycle of Generational Poverty
See What Business Leaders Are Doing in Their Communities
Florida Chamber Foundation Prosperity Summit
Learn more about the Prosperity Summit and be the first to know when registration opens for the 2020 Summit.
Did You Know?
Less Poverty, More Prosperity Report
-Florida’s poverty rate for those under age 18 is 22.3 percent – that’s 901,772 children in Florida living in poverty.
-More than 3 million Floridians are on food stamps and more than 63 percent of Florida’s students are eligible for free or reduced-price meals.
– More than 75,000 homeless students are enrolled in Florida public school.
-In Florida, 3,480,886 households — 46 percent — could not afford basic needs such as housing, child care, food, transportation, health care, and technology in 2016.
-In Florida, the total number of households increased by 8 percent between 2010 and 2016. But the number of ALICE (the population in our communities that are Asset Limited, Income Constrained, Employed) and poverty-level households saw a 10 percent increase.
The Florida Chamber Foundation’s Less Poverty, More Prosperity: The Florida Fiscal Cliffs Report shows 3.129 million people in Florida live in poverty. The report outlines the impact of “fiscal cliffs.” This “cliff ” occurs when a marginal increase in income results in a loss in public benefits, often times leaving families with fewer resources as income increases.
The large number of Floridians living in poverty in our state impacts not only individual families, but also businesses, Florida’s economy, and our state’s global competitiveness.
The Top 10 Root Causes of Poverty
Building pathways to prosperity isn’t made of one-size-fits-all solutions but instead, is made up of understanding the root causes and how they all interlock:
-Child and Family Care
The goal of these programs should be to get Americans who have fallen on hard times back on their feet – a lifeline, but not a lifestyle. While necessary, entitlement programs can have the unintended consequence of creating dependency, exacerbating the underlying issues and enabling a system that keeps those within it captive, unable to climb out. In order to create and sustain places for people to live, work, raise a family, learn, play and grow a business we must work to put an end to the cycle of generational poverty.