The U.S. Census Bureau announced today that in 2013, the poverty rate declined from the previous year for the first time since 2006, while there was no statistically significant change in either the number of people living in poverty or real median household income. In addition, the poverty rate for children under 18 declined from the previous year for the first time since 2000. The following results for the nation were compiled from information collected in the 2014 Current Population Survey Annual Social and Economic Supplement.
The nation’s official poverty rate in 2013 was 14.5 percent, down from 15.0 percent in 2012. The 45.3 million people living at or below the poverty line in 2013, for the third consecutive year, did not represent a statistically significant change from the previous year’s estimate.
Median household income in the United States in 2013 was $51,939; the change in real terms from the 2012 median of $51,759 was not statistically significant. This is the second consecutive year that the annual change was not statistically significant, following two consecutive annual declines.
The percentage of people without health insurance coverage for the entire 2013 calendar year was 13.4 percent; this amounted to 42.0 million people.
These findings are contained in two reports: Income and Poverty in the United States: 2013 and Health Insurance Coverage in the United States: 2013. The Current Population Survey Annual Social and Economic Supplement was conducted between February and April 2014 and collected information about income and health insurance coverage during the 2013 calendar year. The Current Population Survey, sponsored jointly by the U.S. Census Bureau and U.S. Bureau of Labor Statistics, is conducted every month and is the primary source of labor force statistics for the U.S. population; it is used to calculate the monthly unemployment rate estimates. Supplements are added in most months; the Annual Social and Economic Supplement questionnaire is designed to give annual, calendar-year, national estimates of income, poverty and health insurance numbers and rates….
Income and Poverty in the United States: 2013
Source: Carmen DeNavas-Walt and Bernadette D. Proctor, U.S. Census Bureau, Current Population Reports, P60-249, September 2014
Health Insurance Coverage in the United States: 2013
Source: Jessica C. Smith and Carla Medalia, U.S. Census Bureau, Current Population Reports, P60-250, September 2014
The Top 3 Things You Need to Know About the 2013 Poverty and Income Data
Source: Melissa Boteach and Shawn Fremstad, Center for American Progress, September 16, 2014
By the Numbers: Income and Poverty, 2013
Source: David Cooper, Economic Policy Institute, Working Economics blog, September 16, 2014
Key numbers from today’s new Census report, Income and Poverty in the United States: 2013. All dollar values are adjusted for inflation (2013 dollars).
New Census Data Tell Us That Poverty Fell in 2013: Children and Young Adults Still Face the Greatest Risks
Source: Center for Law and Social Policy (CLASP), September 16, 2014
From the summary:
For the first time since 2000, the overall child poverty rate fell, according to U.S. Census Bureau Current Population Survey (CPS) data released today on income, poverty, and health insurance coverage in the year 2013. This is good news. The numbers indicate a return from the extraordinarily high child poverty rates experienced during the depths of the recession. But these decreases don’t diminish the unacceptably high number of children still living in poor families, particularly our youngest children and Black and Hispanic children….