Economic Well-Being
Children are not economically secure unless their families are. Family Economic
Security refers to a family's ability to meet its financial needs in a way that promotes the health and well-being of parents and their children in both the short and long term.
Personal or household income is generally regarded as the single best measure of the degree to which people are "well off." But other factors also contribute to people’s well-being. Some of these gauges of how people are faring at the household level include: possession of consumer durables, housing conditions, neighborhood conditions, and whether or not people can meet basic needs.
Recent Work
08/26/08 U.S. Census Bureau Reveals Increases in Poverty and Uninsured Over Past Seven Years
Today the U.S. Census Bureau released Income, Poverty and Health Insurance Coverage in the U.S.: 2007. While Kentucky’s poverty rate decreased slightly in 2007, Census Bureau data reveals families are faring worse over time. Kentuckians were more likely to be poor or to lack health coverage last year than in 2001, when the last recession bottomed out. In addition, the median household income in Kentucky was lower in 2007 than in 2001, after adjusting for inflation.
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Find out more about economic well-being issues in Kentucky: