US poverty rate hits 15.1 percent, highest since 1993 | Inquirer Business

US poverty rate hits 15.1 percent, highest since 1993

/ 11:10 PM September 13, 2011

WASHINGTON—The US poverty rate rose in 2010 to 15.1 percent, the highest rate since 1993, the Census Bureau reported Tuesday.

The report showed a sharp increase in poverty from 14.3 percent in 2009, and a fourth consecutive rise in the number of people below the poverty threshold, to 46.2 million.

The US definition of poverty is an annual income of $22,314 for a family of four, and $11,139 for a single person.

The survey showed struggles for the rest of Americans, with median household income falling 2.3 percent to $49,445.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: economy, Poverty, society, US

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.