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☆ More and more Americans are becoming 'ALICEs.' They can't afford rent and groceries but are falling through the cracks in the country's safety net.
▼ + stars: | 2024-04-18 | by ( Noah Sheidlower | Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Many ALICEs are workers whose wages typically aren't enough to cover their bills, meaning they live paycheck to paycheck. And while those measures might reach the most financially distressed Americans, the benefit cut-offs leave behind the still-precarious group of ALICEs. Some state-to-state benefits are often available to individuals and families earning 200% to 250% of the Federal Poverty Level. Simultaneously, over the last 12 years, ALICEs have been falling behind on wage increases. AdvertisementIndeed, many Americans aren't necessarily falling into poverty, but they are increasingly teetering toward becoming ALICEs.

Persons: —, ALICE, ALICEs, Stephanie Hoopes, United For ALICE, Hoopes, ALICE would've Organizations: Service, United Way's, Business, Survey, United For, SNAP Locations: Montana, Idaho, ALICEs, Florida, Utah

☆ You need to earn $100,000 a year to buy a typical home in these 23 U.S. places
▼ + stars: | 2024-04-02 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

Most people don't earn six figures, but it's become the new benchmark for whether or not you can afford a typical U.S. home. Americans need to earn an annual income of $110,871 to buy a median-priced home of $402,343 — a 46% increase since January 2020, according to a new Bankrate analysis of Redfin sales data. For context, households currently earn a median income of $74,580, according to the most recent U.S. Census Bureau data available. As a result, the number of places where you need to earn $100,000 or more to afford a median-priced home has climbed from seven to 23 since January 2020. In Montana, the income needed to buy a median-priced home increased 77% since 2020 — the largest jump of all states.

Persons: it's, Bankrate, homeownership Organizations: Census, of Columbia, Washington, Rhode, Center, of Labor Statistics, CNBC Locations: U.S, California, Hawaii, Massachusetts, Colorado, Jersey, York, Utah, Montana, Hampshire, Oregon, Connecticut, Florida, Vermont, Idaho, Nevada, Arizona, Maryland, Virginia, Maine, Texas, Hawaii , Massachusetts, New York, Utah , Montana and Idaho, Midwest, Mississippi , Ohio , Arkansas , Indiana , Kentucky, Iowa, Oklahoma

☆ The largest employer of a Montana mountain town is shutting down, blaming housing shortages and rising cost of living
▼ + stars: | 2024-03-15 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

The largest employer in Seeley Lake, Montana, is closing in part due to costs and housing issues. An influx of people to smaller towns has driven up costs and fueled housing shortages in Montana. "Among other problems, labor shortages, lack of housing, unprecedented rising costs, plummeting lumber prices, and the cost of living in Western Montana have crippled Pyramid's ability to operate." "This is devastating news for the Seeley Lake community and all of Montana," Daines said. Communities across the West are feeling the pinch of rising costs in different ways.

Persons: —, Seeley, Greg Gianforte, Steve Daines, Jon Tester, Daines, Cindy Riegel Organizations: Service, Company, Montana Gov, NBC, Wall Street Locations: Seeley Lake , Montana, Montana ., Seeley Lake, Western Montana, Montana, . Montana, Idaho, Montana hasn't, Sens, Steamboat Springs, Colorado, , Idaho, Teton County

(AP) — The U.S., Canada and several indigenous groups announced a proposal on Monday to address the pollution from coal mining in British Columbia that's been contaminating waterways and harming fisheries on both sides of the border for years. The proposal would be executed through a century-old U.S.-Canada boundary waters treaty, establishing independent boards to study the pollution’s extent and make cleanup recommendations. It comes after indigenous groups in British Columbia, Montana and Idaho lobbied for more than a decade for the federal governments in the U.S. and Canada to intervene and stop the flow of pollution. The proposal calls for no more than two years of study to gauge the extent of pollution. Investigators in Canada found Teck Resources Limited discharged hazardous amounts of selenium and calcite from two coal mines north of Eureka, Montana.

Persons: ”, Tom McDonald, Joe Biden, Justin Trudeau, Stephenne Harding, Gary Aitken Jr, “ It’s, Rachel Poynter, ” Poynter Organizations: The Associated Press, U.S . Environmental Protection Agency, U.S ., White, Council, Environmental, Investigators, Teck Resources Limited, of, of Teck Resources Locations: Mont, U.S, Canada, British Columbia, Montana, Idaho, Kootenai, Lake Koocanusa, U.S . Canada, Elk, Kootenai Tribe, Canadian, Montana and Idaho, Eureka , Montana ., of Teck

“Jonathan has a proven track record of success, building the Oregon State program from the ground up by implementing a plan resulting in sustained historic success for the Beavers," Michigan State athletic director Alan Haller said. He also coached quarterbacks at Boise State, Montana and Idaho after starting his coaching career as an Oregon State graduate assistant in 2002. Oregon State and Washington State are the lone remaining teams in the Pac-12 after the other 10 teams bolted in realignment. Smith closed his coaching career at Oregon State with a 31-7 loss to rival and sixth-ranked Oregon. “This year, Oregon State has controlled the line of scrimmage on both sides of the ball, ranking among the nation’s leaders in both rushing offense and rushing defense.

Persons: Smith, “ Jonathan, Alan Haller, Tucker, Harlon Barnett, Mark Dantonio, Nick Saban, “, Scott Barnes, Gary Andersen, Cory Hall, ” Haller, “ He’s, he’s, ”, Ralph D, Russo, Anne M, Peterson, Larry Lage, ___ Organizations: Oregon State, Beavers, Michigan State, Boise, Big, Spartans, Penn State . Michigan State, College Football, LSU, Oregon, Washington State, Cougars, AP College Football, AP Sports, AP Locations: Oregon, Pasadena , California, Boise State , Montana and Idaho, Washington, Michigan, Wisconsin

☆ Gen Zers are 'increasingly drawn to simpler living.' Here's where they're moving.
▼ + stars: | 2023-10-23 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Gen Z is looking beyond more crowded states for places where there's elbow room and affordability. Older generations aren't selling homes, making it hard for Gen Z to get into more popular markets. Emilia Mann, a senior analyst at StorageCafe, said that Gen Z doesn't have the same location preferences as older generations. "Gen Zers are increasingly drawn to simpler living in their housing choices," Mann told Insider via email. "We see the Gen Zers be more movement oriented, especially in long distances," Ressler said.

Persons: Z, —, Emilia Mann, Zers, Mann, Gen X, Doug Ressler, Gen Z, Ressler, StorageCafe, Gen Organizations: Service, Survey Locations: Midwest, DC, Washington, Illinois, Montana, Idaho, Kansas, Nebraska, what's, RentCafe

☆ The 10 most affordable US cities for renters
▼ + stars: | 2023-09-25 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

Jefferson City, MO, ranks as the most affordable metro area in the US for renters. Jefferson City, MO, ranked as the most affordable metro area for US renters, according to data from the US Census Bureau. For the top cities, Insider analyzed the share of residents with affordable rent, meaning the percent of residents who pay less than 30% of their income on rent. Around two-thirds of renters in Sheboygan and Appleton had affordable rent, while 63% in Racine had affordable rent. The data supports recent findings that wealthier Americans are moving to Montana and Idaho for more affordable rent.

Persons: Lucie, Louis Organizations: Metro, Service, Census Locations: Jefferson City ,, Ohio , Wisconsin, Wyoming, Wall, Silicon, Missouri , Wisconsin, Jefferson City, Missouri, Lima, Ohio, Wisconsin, Sheboygan, Appleton, Racine, Wyoming , South Dakota , Montana , North Carolina, Washington, Montana and Idaho, Florida, Homosassa Springs, Naples, Port St, Miami, Fort Lauderdale, York, Newark, Jersey City, Midwest, Northeast, Lincoln , Fresno, St, Tampa

☆ Train derailment on Montana bridge sends multiple rail cars into the Yellowstone River
▼ + stars: | 2023-06-24 | by ( Rebekah Riess | ) edition.cnn.com time to read: +2 min

CNN —A train derailment in Montana caused a bridge across the Yellowstone River to collapse and sent multiple cars into the water below, officials in Stillwater County said Saturday. Multiple tanker cars were damaged and are leaking “petroleum products,” according to Yellowstone County Disaster and Emergency Services. The derailed Montana Rail Link train cars included “several hazmat cars,” the regional rail company said in a statement. “The state is standing by to support as Montana Rail Link and county officials assess their needs,” he said. Montana Rail Link is a Class II regional railroad that operates over 900 route miles of tracks across Montana and Idaho, according to the company’s website.

Persons: ” Mullikin, ”, Greg Gianforte Organizations: CNN, Emergency Services, Montana Rail, Montana Rail Link, Services, “, Command, ” Montana Gov Locations: Montana, Stillwater County, Yellowstone County, Yellowstone, “, Stillwater, ” Montana, Montana and Idaho

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