Florida consistently ranks among the top 5 states with the highest numbers and percentages of veterans in the ALICE population (Asset Limited, Income Constrained, Employed) according to statistics from a United Way 2024 report. ALICE households earn above the Federal Poverty Level but struggle to afford necessities.
Cost-of-living challenges make it difficult for many Florida veterans to achieve financial stability, even if they are employed or receive military benefits. As a result, Florida stands out as a state where veterans are more likely to face financial hardship despite being employed or receiving benefits. These veterans are one missed paycheck or one crisis from financial disaster.