John Irons's Blog


Economic News, Data and Analysis

Poverty and Incomes

The US Census Bureau today released two reports on poverty and incomes…
Income & Poverty Press Kit 2002
Report: Poverty in the United States
Bottom Line:
* In 2001, the poverty rate was 11.7 percent (at 32.9 million), up from 11.3 percent in 2000.
* The poverty rate for children was unchanged 16.3 percent.
Report: Money Income in the United States
Bottom line:
* Median household income declined by 2.2 percent between 2000 and 2001 to $42,228.
* The share of household income for the highest quintile continues to increase and currently stands at 50.2 percent.


Filed under: Economics, Policy, Politics



%d bloggers like this: