Study on Financial Struggles of Hawaii's Working Families
In February 2016, on behalf of Hawaii Appleseed, QMark Research conducted a telephone consumer survey to study the personal financial struggles of Hawaii's working families.
According to the study, nearly half of Hawaii residents are living paycheck to paycheck.
Other findings regarding the financial struggles of Hawaii families include:
- Half (48%) currently describes their own personal financial situation as being one
that survives “paycheck-to-paycheck.”
- One in four (25%) Hawaii residents have, in the last five years, worried about how
they would pay that month’s rent or mortgage.
- Twenty-one percent have worried about how they would come up with enough
money to pay their monthly utility bill.
- One in five (20%) Hawaii residents have faced a medical crisis which caused
financial worry and hardship and questions as to how they would pay these bills.
- Seventeen percent of the families polled indicate they have worried about being
able to provide basics such as food on the table for loved ones.
The survey results also show that Hawaii residents are highly concerned about the state’s
high cost of housing and low wages and that they support targeted tax credits to help
them make ends meet:
- 95% believe the high cost of housing is a very serious or important problem in
- Almost nine out of ten (89%) believe the low wages paid to many residents is a
very serious or important concern.
- Six out of seven (86%) of the respondents indicated support for a tax credit that
lets low and moderate income working families keep more of what they earn.