U.S. Census report: Income declined, poverty increased in 2010
The U.S. Census Bureau released a report today that finds income declined and poverty rose in the United States from 2009 to 2010.
According to the “Income, Poverty and Health Insurance Coverage in the United States: 2010″ (.pdf) report:
Real median household income in the United States in 2010 was $49,445, a 2.3 percent decline from the 2009 median.
The nation’s official poverty rate in 2010 was 15.1 percent, up from 14.3 percent in 2009 ─ the third consecutive annual increase in the poverty rate. There were 46.2 million people in poverty in 2010, up from 43.6 million in 2009 ─ the fourth consecutive annual increase and the largest number in the 52 years for which poverty estimates have been published.
The report also found that the Midwest, South and West were the regions that most “experienced declines in real median income between 2009 and 2010.” The Northeast region was statistically no different.
According to the report, the poverty rate in 2010 was also “the highest since 1993″ and the number of families in poverty rose from 8.8 million to 9.2 million.
The poverty rate also “increased for children younger than 18 (from 20.7 percent in 2009 to 22.0 percent in 2010).”
According to a previous report on children’s health across the country, children have been impacted greatly by the country’s economic pitfalls.