Fiscal Policy Institute - Self Sufficiency Standard for New York








 

 

 

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  The Self Sufficiency Standard
for New York

 
   


As New York recovers from the current recession, long-term economic prosperity will require responsible planning that puts all New Yorkers on the path to self-sufficiency.

  • What does it take to make ends meet in New York without public or private assistance?

  • How can we measure income adequacy?


 

The Self-Sufficiency Standard published here answers these questions, using the best tools available to set out practical levels of economic security for New York families and individuals. The Self-Sufficiency Standard defines the income needed to realistically support a family, without public or private assistance, based on the costs of six basic needs for working families: housing, child care, food, health care, transportation, and miscellaneous items as well as the cost of taxes and the impact of tax credits.

 

The conclusion? The Self-Sufficiency Standard for 2010 shows that for most workers - across the state and in New York City - earnings well above the official Federal Poverty Level (FPL) are nevertheless far below what is needed to meet families' basic needs.

 

FPI's Carolyn Boldiston and Michele Mattingly contributed to the 2010 editions of the Self-Sufficiency Standard report for New York State and New York City.
 


Documents

June 29, 2010

NEW YORK STATE

NEW YORK CITY

 


Key findings 2010

  • Not surprisingly, within New York State and New York City, the amount needed to be economically self-sufficient varies considerably by geographic location.
    • For example, self sufficiency would require a family with one adult, one preschooler, and one school-age child living in Allegany County to earn $3,472 per month, while in Suffolk County the same family type must earn $6,576 per month.
    • A family with one adult, one preschooler, and one school-age child living in the Bronx needs to earn $5,078 per month, while in the southern part of Manhattan it takes $7,629 per month to be self-sufficient.
  • The Self Sufficiency Standard also varies depending on how many adults and children are in a family and the age of each child.
    • One adult living in Albany County needs a monthly income of $1,806 to meet basic needs. If the adult has a preschooler and a school-age child, the amount necessary to be economically secure increases to $4,301 per month.
    • One adult with no children in Brooklyn needs to earn a monthly income of $2,364 to meet basic needs. If the adult has a preschooler and a school-age child, the amount necessary to be economically secure increases to $5,264 per month.
  • The cost of meeting basic needs has increased considerably over the past decade throughout New York, while median earnings among New York workers has increased at a much lower rate. Only one of New York's ten most common occupations - registered nurses - pays median earnings that are above the Standard for one adult, one preschooler, and one school-age child, whether in Albany County or in Brooklyn.

The Self-Sufficiency Standard for Select New York Counties, 2010
For a family of one adult, one preschooler, and one school-age child

 

Albany County

Allegany County

The Bronx

Brooklyn (Kings)

Manhattan (southern)

Monroe County

Suffolk County

Hourly

$24.44

$19.72

$28.85

$29.91

$43.35

$22.44

$37.37

Monthly

$4,301

$3,472

$5,078

$5,264

$7,629

$3,949

$6,576

Annual
 

$51,617
 

$41,658
 

$60,934

$63,166
 

$91,552
 

$47,391
 

$78,916
 


Earlier Editions

2004

September 13, 2000


 

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