Census Bureau: Poverty, Household Income & Health Insurance Coverage Improved Last Year : progressillinois

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Census Bureau: Poverty, Household Income & Health Insurance Coverage Improved Last Year

Census Bureau: Poverty, Household Income & Health Insurance Coverage Improved Last Year

The official U.S. poverty rate fell last year to 13.5 percent -- representing the largest annual percentage-point drop in poverty since 1999 -- and annual median income for family households increased for the first time since 2007, according to new data released Tuesday by the U.S. Census Bureau.Between 2014 and 2015, the percentage of people without health insurance also decreased by 1.3 points.Many experts reacted positively to the new Census figures, including Robert Greenstein, president of the Center on Budget and Policy Priorities.


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Income and Health Insurance Coverage in the US Rise as Poverty Drops

Income and Health Insurance Coverage in the US Rise as Poverty Drops

The median U.S. household income rose 5.2 percent last year — its first significant yearly increase since 2007, when the Great Recession realigned the global economy, according to new data released today by the Census Bureau.The number of people living in poverty fell from 14.8 percent in 2014 to 13.5 percent in 2015, and the number of people living without health insurance dropped from 10.4 percent to 9.1 percent during the same period, according to the data.The median annual household income in 2015 jumped 5.2 percent, or $2,800, to $56,500, after adjusting for inflation, the Census Bureau said.


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U.S. Health Insurance Coverage at Record High in 2015

U.S. Health Insurance Coverage at Record High in 2015

The federal health overhaul may still be experiencing implementation problems.But new federal data show it is achieving its main goal — to increase the number of Americans with health insurance coverage.According to the annual report on health insurance coverage from the Census Bureau, the uninsured rate dropped to 9.1%, down from 10.4% in 2014.


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Income, Poverty and Health Insurance Coverage in the U.S.

Income, Poverty and Health Insurance Coverage in the U.S.

SEPT. 13, 2016 — The U.S. Census Bureau announced today that real median household income increased by 5.2 percent between 2014 and 2015 while the official poverty rate decreased 1.2 percentage points.At the same time, the percentage of people without health insurance coverage decreased.Median household income in the United States in 2015 was $56,516, an increase in real terms of 5.2 percent from the 2014 median income of $53,718.