New Economic Study Shows COVID-19 Has Severely Affected Women’s Financial Security Across Texas

According to a study released today by the Texas Women’s Foundation, Texas women rank last in the country for health insurance, earn less, have more student debt, and have greater housing instability.

DALLAS, September 22, 2022 /PRNewswire/ — A new study released today by the Texas Women’s Foundation examines the impact of Covid-19 on women Texas.

A large number of Texas’ 14.6 million women and girls face significant challenges when it comes to four key pillars of financial security: education, childcare, health insurance and housing.

The report incorporates the impact of the COVID-19 pandemic and related economic downturn according to the Texas Women’s Foundation Fourth Edition Economic issues for women in Texas 2022.

Texas women face huge economic barriers such as wage inequality, college loan debt, affordable childcare, lack of health insurance, and the burden of housing costs. » Said Miki Woodard, president and CEO of the Texas Women’s Foundation. “Women of color and single mothers are even more affected by these economic barriers. Texas needs policies in place to ensure the state is a fairer place for all Texans. The Texas Women’s Foundation will work hard to support all women facing these challenges, but we cannot do it alone. We encourage all businesses to review the report and implement solutions that help women and their families build a stronger society. Texas for everyone,” she added.

In addition to the key pillars of financial security, the report outlines new divides related to earnings, digital access, cost of caregiving, retention in the workforce, and expulsion. Women of color representing 59% of Texas women, the study also examines the economic situation of Texas women from the perspective of gender, race and ethnicity, and identifies opportunities for change and policy recommendations.

The study, which was first published in 2014, is produced by the Texas Women’s Foundation based on research conducted by Every Texan (formerly the Center for Public Policy Priorities). Sources include US Census Bureau data, data from federal and state agencies, studies from political organizations, and academic research.


Texas demographics:

  • According to the 2020 report, a typical Texas the woman is:
    • a Millennial (36 years old)
    • a woman of color
    • live in a city
    • income $35,000/year or less
    • work to support their family

Women are the face of poverty:

  • About 15 percent of Texas 2.1 million women and girls experienced poverty in 2019, up from 12% Texas men and boys. For a family of three, this equates to an annual income of less than $23,000.


  • More than 60 percent of Texas the women were part of households that struggled to pay their usual expenses during the pandemic.
  • In 2021, one in four women in Texas belonged to households that did not have their regular pre-pandemic source of income.


  • In the United States, six in 10 unpaid family caregivers are women who provided $470 billion worthy of care.


  • Highly educated but underpaid: 1.5 times more women than men completed public college in 2021, but Texas women often continue to earn less.
  • Student debt crisis: Women hold the bulk of outstanding student debt with a debt-to-income ratio 13 percentage points higher than men. A debt forgiveness of $30,000 can help eliminate the burden of student debt.
  • Women of color: Black women and Latinas are closing the education gap. Asian women and Latinas are now the fastest growing groups of female enrollees and graduates Texas public college education.
  • Effects of the pandemic: More than three out of five Texas the women lived in households where someone’s post-secondary education plans changed due to the pandemic.


  • Childcare is an essential support at work: 2.2 million Texas mothers work and need some form of child care.
  • Unaffordable for low-wage workers: For a Texas women earning the median income, full-time childcare accounts for 21% of earnings.
  • The pandemic has had an impact on the availability of childcare services: About a third of Texas the women were in households where children under five had interrupted child care due to closures, availability, affordability or safety.
  • According to the 2020 report, full-time child care costs almost as much as college – more than $8,000 annually.

Health insurance:

  • Uninsured higher amount: Texas women are twice as likely to be uninsured as women in the rest of the country, with more than 1 in 5 working-age women statewide uninsured.
  • Texas needs Medicaid expansion: 406,000 Texas women live below the poverty line and lack affordable coverage options.
  • Women of color are least likely to have health insurancewith more than 1 in 4 Hispanic women uninsured, compared to 1 in 10 white women.


  • Texas female tenants are more likely to face housing instability than female owners.
  • Accommodation charge: 20% of Texas owners and 45% of Texas tenants are burdened with housing costs.
  • Evictions: Now that the federal moratorium is over, evictions in dallas, fort worth and Houston have increased to almost pre-pandemic levels.
  • colored texans and Texas families up to $75,000 annual income are less likely to have access to digital devices and the Internet.

About the Texas Women’s Foundation:

Texas Women’s Foundation transforms Texas for women and girls, empowering them to build stronger, more equitable communities. One of the largest women’s foundations in the world, the Foundation raises funds from a broad base of donors, including individuals, foundations and corporations. These resources support more than $7.1 million in investments that advance economic security and leadership for Texas women and girls through innovative research, advocacy, grants and programs.

SOURCE Texas Women’s Foundation

Sarah J. Greer