US poverty rate rose in 2022 for 1st time in years

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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