Latest / Durham News Today | 2 Min News | The Daily News Now!
North Carolina’s Hidden Financial Crisis | Durham News
Over 40% of North Carolina households are living paycheck to paycheck—employed but barely scraping by. Known as ALICE (Asset Limited, Income Constrained, Employed), these families earn too little to afford essentials like rent and food, with a family of four needing nearly $80,000 annually just to get by. While statewide ALICE rates have dipped slightly, counties like Orange are seeing sharp increases, and the burden falls hardest on Black, Hispanic, and American Indian households—and people of all ages. This financial strain isn’t just personal—it’s slowing economic growth, weakening…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.