US Census Data Shows pandemic Unwound Progress On Poverty

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U.S. household income fell in 2020 while the national poverty rate rose from a 60-year low as the COVID-19 pandemic upended the U.S. economy and threw

There were 37.2 million people living in poverty in 2020, 3.3 million more than a year earlier, the Census Bureau said. It considers a two-parent, two-child household with less than $26,246 in income to be living in poverty; the measure differs by size of household.

Poverty rates rose among Hispanics and non-Hispanic Whites. While the poverty rate among Black people was the highest at 19.5% and the Asian rate also increased, both weren’t statistically significant changes from 2019. For families with single female heads of household, 23.4% were in poverty compared to 11.4% for families led by single males.Median incomes for non-Hispanic White, Asian, and Hispanic households all decreased in 2020, while changes for Black households were not statistically different.

 

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