2026 TAKEAWAYS
Tampa Bay saw positive incremental progress in three of the four poverty-related indicators.
The region’s general Poverty Rate declined from 11.96% to 11.09%, an improvement of nearly a full percentage point, outpacing the national rate’s decrease of 0.35%. Youth Poverty Rates also showed modest improvement, dropping from 14.86% to 14.14%, although our ranking fell one place to 16th. Full-Time Worker Poverty Rate also improved.
In contrast to the U.S. average, which remained stable, the Tampa Bay region’s year-over-year performance in ALICE + Poverty Rate declined slightly from 45.81% to 46.30%. That means nearly 1 in 5 Tampa Bay residents are still classified as Asset Limited, Income Constrained, Employed (ALICE) or in poverty, which remains about 13 percentage points higher than Minneapolis-St. Paul (33.13%), the top performer, and more than 4 percentage points behind the U.S. average.