Families lose nearly $350 billion each year because of the incarceration of a loved one, including both direct expenses and long-term income losses. Surveys indicate that families lose an average of $1,803 in income monthly due to incarceration. On average, families spend $4,200 yearly per incarcerated family member. The burden is particularly harsh for Black families, who report spending $8,005 annually, in stark contrast to white families. Incarceration also leads to housing instability for many families, with significant homelessness rates reported, particularly among children with incarcerated parents.
Families incur nearly $350 billion in losses annually due to incarceration, including direct expenses and long-term income reductions. Each incarcerated loved one costs families an average of $4,200 yearly.
The financial burden of incarceration is heavier on Black families, who reported spending an average of $8,005 annually, compared to $3,251 for white families.
One in five family members reports being forced to move because of a loved one's incarceration, impacting children at an alarming rate.
Low wages for incarcerated individuals exacerbate financial strains, often leaving family members to manage significant gaps in income and support.
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