Income

Community Income Goal: To increase the percentage of central Iowans who are financially self-sufficient to 75% by 2020. 

One out of every three families in central Iowa can barely cover basic daily expenses. And low wages force many families to go without—or to go into debt. In today's economy, families need enough income to cover rising costs of food, housing, health care, transportation, childcare and clothing—or face painful financial choices.

One of the clearest paths to economic self-sufficiency is education and training. Job training and readiness programs remain critical to advancing low-wage, low-skilled workers into self-sustaining jobs (UW Metrics report, p. 24). United Way and its community partners work to strengthen central Iowans' education and skills to prepare them for the better-paying jobs in the local economy.

More families were financially self-sufficient in 2016

Data released in December 2017 showed that the percentage of families in Polk, Warren, and Dallas counties who are financially self-sufficient increased in 2016 to 65.9%, (by 11,003 individuals), after remaining flat for the past three years around 65.2%, moving central Iowa closer to our goal. Central Iowa also saw increases in the number of individuals taking advantage of postsecondary education, a key strategy to increase families' incomes and help employers fulfill a need for skilled workers. 

Income Focus Area

Income: What's Working

Example Income Programs

Bridges to Success is helping 10,000 central Iowans achieve a high school equivalency diploma (HSED) by the end of 2020. The program's innovative approaches, including supportive coaches who help students overcome barriers and free test-prep classes, lead individuals onto a sustainable career pathway.

OpportUNITY unites central Iowans to fight poverty together. We are tackling our community's toughest challenges to eliminate barriers and ensure all central Iowans have a path to financial stability. OpportUNITY has released an updated plan to reduce poverty in Polk, Dallas, and Warren Counties—with action steps in eight focus areas to implement over the next 18 months.

Skills2Compete is a coalition serving as a voice for adult education and workforce advocacy that helps increase financial stability for working families to grow Iowa’s economy.

Central Iowa Works aims to close the skills gap and meet the needs of employers by helping them to recruit and hire qualified workers for jobs in central Iowa. They also address the needs of job seekers by helping them get trained and hired for jobs with pathways for growth.

Financial Capability Network

The Financial Capability Network is located at Evelyn K. Davis Center for Working Families, and provides low to moderate income individuals and families a pathway of financial literacy and financial inclusion that leads to financial stability. Implementation of the program expands participants' knowledge and develops the skills necessary to help them understand their financial situation in addition to motivating them to take action.