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Story perspectives

Half of Americans Struggle to Meet Basic Needs

3/20/2026

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Story summary
  • Urban Institute reports nearly 50% of Americans lack income to meet basics.
  • A family with children would need about $145,000 annually for security.
  • In 2024, the median household income for married couples was $128,700.
  • Single-parent households and renters face the highest financial stress, with 90% of single-parent families below the economic security threshold.
  • Rising costs and the expiration of enhanced health credits worsen these challenges, according to economist Gregory Acs.