The Villages, Florida’s Largest Retirement Community, Has the Highest Working Poor Rate in the Nation | Orlando Area News | Orlando
The Villages, a giant Sumter County retirement mecca filled with Trump-loving baby boomers, is also the mecca for the highest rate of full-time employees stuck in poverty, according to a new study.
The term for this is “working poor”, which means that despite having a job, you are unable to pay your bills, afford health care or other basic necessities, and are not essentially an accident of slipping into near-irreversible poverty. So when it comes to The Villages, the people working at the many tiki bars, golf courses, and health service centers barely seem to hold their own.
According to a recent report by financial site 24/7 Wall St., The Villages has the highest rate of working poor in the country, at a whopping 4.4%, which is significantly higher than the national average of 3%.
Overall, The Villages has an official poverty rate of 9.2%, the study says.
The report also states that only 34.5% of The Villages population, aged 16 to 64, actually works full time. This would also help explain why the community also has a 4.9% unemployment rate.
From Wall Street 24/7:
For the minority of workers who work full-time, many work in low-paying jobs in the retirement sector. Some 25.0% of workers are employed in education and health services, and 9.5% are employed in recreation and hospitality – each among the largest share of any city. The average salary for workers in the education and health services and recreation and hospitality industries is $835 and $405 per week, respectively, well below the average salary of $1,101 for all workers in the industry. national scale.
The report used data from 2013 to 2017 from the US Census Bureau’s American Community Survey, as well as data from the Bureau of Labor Statistics’ Local Area Unemployment Statistics program.
Besides The Villages, Sebring was the only other city in Florida to make the list, ranking 11th with a poverty rate of 5.7% for its full-time workforce.
Obviously, many factors contribute to this ratio, such as the depletion of affordable housing availability in our state, the lack of rent control, our extremely low minimum wage, and the constant GOP attacks on aid programs. public like SNAP.
But low wages aren’t just isolated to Sumter County. A 2017 United Way report found that 3.3 million households across Florida, or nearly half of Florida families, are classified as “working poor.”
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