| Poverty & Basic Needs |
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The annual income needed for a Travis County family of four to afford to live in the Austin area is $44,000. But the fastest growing population in our city earns $24,999 or less per year. Over a quarter of Travis County's population is considered low-income, living below 200 percent of the federal poverty level. Texas ranks 48th in net worth of households, 45th in households with zero net worth, and 42nd in households with savings accounts, revealing the difficulty Texas families have in building assets. 61% of Austin Independent School District (AISD) students are eligible for free or reduced lunch. In Travis County, 18% of families with children under the age of five have an income below the poverty level. 20% of Travis County residents are classified as "working poor" by the Texas Department of Human Services. 47% of households headed by unmarried women with children under five are living below poverty. More than two-thirds of all poor families with children include one or more individuals who work. 41,000 children in Travis County are confronted with food insecurity every day. Food Bank Partner Agency reports that 49% of their recipients experience outright hunger. For Central Texas' food bank service area, 35% of the household members receiving food are children. |
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