Family Financial Stability Index (2013-2025)

Parsons Consulting leads a team of professionals to annual develop the Family Financial Stability Index, a multivariate composite index housing, income, and employment data which serves to estimate the financial stability of families with children under 18 at the neighborhood (census tract) level.  We first developed the FFSI in 2013 for the Orange County United Way to identify areas in Orange County where there are high concentrations of families experiencing financial instability, enabling the United Way to target resources more strategically.  With each annual update since 2013, the United Way is able to track progress in these high-need areas, as well as track progress on their countywide Income 2020 goal, as reported in their Scorecard.   Parsons Consulting has the ability to calculate an FFSI for any community in the United States.