Immigrant Families with Kids Are at Greater Risk of Financial Instability

Posted March 18, 2016, By the Annie E. Casey Foundation

KC Blog Median Family Income 2016

A family’s finan­cial well-being can make a dif­fer­ence in a child’s upbring­ing. For instance: Finan­cial secu­ri­ty reduces the like­li­hood that kids will live in pover­ty with lim­it­ed resources and access to oppor­tu­ni­ties. Yet, for many immi­grant fam­i­lies, achiev­ing finan­cial secu­ri­ty can be challenging.

Kids in immi­grant fam­i­lies are more like­ly than their native-born peers to have par­ents with sta­ble employ­ment. At the same time, they are also more like­ly to live in pover­ty than their U.S.-born counterparts.

In 2014, 27% of kids in immi­grant fam­i­lies — near­ly 4.8 mil­lion kids total — had par­ents who lacked secure employ­ment in the Unit­ed States. This rate was high­er, at 31%, for kids in native-born families.

But sta­ble employ­ment isn’t nec­es­sar­i­ly syn­ony­mous with favor­able employment.

Immi­grant par­ents with kids brought home a medi­an com­bined income of $50,600 annu­al­ly. This total is $12,700 below their U.S.-born coun­ter­parts — an earn­ings gap that has almost dou­bled since 2005.

Vis­it the KIDS COUNT Data Cen­ter for more eco­nom­ic well-being data at the state and nation­al level.

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