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U.S. Poverty Rate Is 12.8% but Varies Significantly by Age Groups [1]

['Us Census Bureau', 'Craig Benson', 'October']

Date: 2022-10-04 10:39:44.731000-04:00

The national poverty rate was 12.8% in 2021, but was significantly different for the nation’s oldest and youngest populations, according to a new Census Bureau report released today.

The child poverty rate (for people under age 18) was 16.9% in 2021, 4.2 percentage points higher than the national rate, while poverty for those ages 65 and over was 10.3%, 2.5 percentage points lower than the national rate.

The American Community Survey (ACS) 1-year estimates provide data for a number of demographic, social and economic indicators, including poverty. The estimates are used by planners, policymakers and community stakeholders to evaluate trends and make comparisons across demographic groups.

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[1] Url: https://www.census.gov/library/stories/2022/10/poverty-rate-varies-by-age-groups.html

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