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March 3, 2015
CCC’s Community Risk Ranking has generated a lot of attention about the challenges facing New York City children and their families. The New York Times, New York Daily News, and other local news outlets have already offered their take and analysis on CCC’s findings. This is the first in a series of blog posts that will more deeply examine the data and what they tell us about life for at-risk children in New York City.
Children’s well-being is inextricably linked with the economic security of their families and communities. The economic security domain included in the Community Risk Ranking uses three indicators to measure the financial stability of children’s families and communities: the child poverty rate, median income for families with children, and parental employment instability. Here we take a closer look at these indicators, concentrating on the data from the highest risk communities in terms of economic security: Mott Haven (B01)/Hunts Point (B02).
The indicators in the economic security domain clearly illustrate that the city’s most vulnerable children need a stronger economic foundation. For this reason, we applaud efforts underway by Mayor de Blasio’s administration to increase educational and training opportunities, improve linkages to work placements, and customize hours of required work-related activities for public assistance recipients.
Building on these initiatives, we hope to see a growing focus on programs and services that have proven effective in helping families overcome poverty such as expanding on and improving the take up rate for the Earned Income Tax Credit and Child Care Tax Credit, connecting families to banks and children to college savings accounts, and increasing access to early education and after-school programs.
We’ll continue to leverage our data to call attention to the need for increased investments in programs and services that have proven effective in improving child well-being and reducing the economic uncertainty of families and communities. Please continue to follow us on Facebook, Twitter and Instagram to stay up to date.
 Median incomes are reported by the Census and include all pre-tax cash income, and so exclude income from tax refunds or in kind benefits such as food stamps or housing subsidies. Therefore this monthly budget is presented as a hypothetical example of how an annual income of $20,000 might be used to cover monthly expenses.