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Bookmark or Share- Poverty - Census.govIn 2009, the Census Bureau and Bureau of Labor Statistics (BLS) created a Supplemental Poverty Measure (SPM) to replace previous experimental poverty measures. Wealth and Asset Ownership Household net worth or wealth is an important defining factor of economic well-being - it can become an additional source of income in hard times or retirement.
- Poverty in the United States: 2022 - Census.govOfficial Poverty Measure. 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. The 2022 rate was the lowest on record ...
- Historical Poverty Tables: People and Families - 1959 to 2023Poverty Status of Families by Type of Family, Presence of Related Children, Race, and Hispanic Origin [
- How the Census Bureau Measures PovertyThe total family income divided by the poverty threshold is called the Ratio of Income to Poverty. Income / Threshold = $38,500 / $37,275 = 1.03. The difference in dollars between family income and the family’s poverty threshold is called the Income Deficit (for families in poverty) or Income Surplus (for families above poverty).
- Poverty in the United States: 2023 - Census.govThe SPM child poverty rate increased 1.3 percentage points to 13.7 percent in 2023 (Figure 4 and Table B-3). Social Security continues to be the largest anti-poverty program, moving 27.6 million individuals out of SPM poverty in 2023 (Figure 10 and Table B-7). Differences in Poverty Measures
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