Immigrant Families with Kids Are at Greater Risk of Financial Instability - The Annie E. Casey Foundation

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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