US poverty rate rose in 2022 for 1st time in years
Poverty rate increased to 12.4 percent from 7.8% in 2022, according to US Census Bureau
By Sevgi Ceren Gokkoyun
NEW YORK (AA) - The number of Americans living in poverty has increased for the first time since 2010, the US Census Bureau said Tuesday.
The supplemental poverty rate increased to 12.4% from 7.8% in 2022, data showed.
Data also showed a 2.3% decrease in median household income, from $76,330 in 2021 to $74,580 in 2022.
The official poverty rate stood at 11.5% in 2022, compared to 11.6% in 2021.
An estimated 25.9 million (7.9% of population) did not have health insurance at any point in 2022, according to the data.
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