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Official Poverty Measure: In 2023, the official poverty rate fell 0.4 percentage points to 11.1 percent. There were 36.8 million people in poverty in 2023, not statistically different from 2022 (Figure 1 and Table A-1).
This report presents data on income, earnings, income inequality & poverty in the United States based on information collected in the 2023 and earlier CPS ASEC.
The official poverty rate in 2022 was 11.5 percent, with 37.9 million people in poverty. Neither the rate nor the number in poverty was significantly different from 2021 (Figure 1 and Table A-1). The official poverty rate for Black individuals decreased between 2021 and 2022.
Poverty rates in states ranged from 7.2 percent in New Hampshire to 18.9 percent in Louisiana in 2023. In 3 of the 25 most populous metropolitan areas, poverty significantly changed between 2022 and 2023.
This morning the U.S. Census Bureau released its annual reports on poverty, income, and health insurance for 2023. Here are the topline findings: Household income grew at a rapid pace—after...
Insurance in the United States: 2023.” 3. Highlights. Official Poverty Measure • In 2023, the official poverty rate fell 0.4 percentage points to 11.1 . percent. There were 36.8 million people in poverty in 2023, not statistically different from 2022 (Figure 1 and Table A-1). 4 • Between 2022 and 2023, the official poverty rate decreased
The share of Americans living in poverty as defined by the Census Bureau’s “supplemental” measure, which takes into account a broader range of benefits and expenses than the official poverty rate,...
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