[Source: U.S. Census Bureau]
These findings are contained in two reports: Income and Poverty in the United States: 2016 and Health Insurance Coverage in the United States: 2016. This year’s income and poverty report marks the 50th anniversary of the first poverty estimates released by the Census Bureau in the Current Population report series.
Another Census Bureau report, The Supplemental Poverty Measure: 2016, was also released today. The supplemental poverty rate in 2016 was 13.9 percent, a decrease from 14.5 percent in 2015. With support from the Bureau of Labor Statistics, the Supplemental Poverty Measure shows a different way of measuring poverty in the United States and serves as an additional indicator of economic well-being. The Census Bureau has published poverty estimates using the supplemental poverty measure annually since 2011.Heather Long at The Washington Post:
Inequality remains high, with the top fifth of earners taking home more than half of all overall income, a record. And yawning racial disparities remain, with the median African American household earning only $39,490, compared with more than $65,000 for whites and over $81,000 for Asians.
Jim Miller at the Sacramento Bee:
One in five Californians lives in poverty, the highest rate in the country, according to new data from the U.S. Census Bureau.
The “Supplemental Poverty Measure,” factors in cost of living and shows a stubbornly high share of Golden State residents in poverty even as the national rate has dropped slightly.
Under the methodology, an estimated 20.4 percent of Californians lived below the poverty line in a three-year average of 2014, 2015 and 2016. That is virtually unchanged from the 20.6 percent average for 2013, 2014 and 2015, according to Tuesday’s release.