Aug 26, 2008 1:52 pm US/Mountain
Number Of Americans In Poverty Up Slightly
WASHINGTON (CBS News) ―
-
-
The nation's poverty rate held steady at 12.5 percent, not statistically different from the 12.3 percent in 2006. That meant there were 37.3 million people living in poverty in 2007.
AP
The Census Bureau reports that 12.5 percent of Americans, or 37.3 million people, were living in poverty in 2007, up from 36.5 million in 2006.
The Bureau said the rate is not statistically different from the previous year. However, the data released Tuesday do not take into account the consequences of the economic downturn that began late last year.
Although poverty rates were statistically unchanged for non-Hispanic Whites (8.2 percent), Blacks (24.5 percent), and Asians (10.2 percent) from the previous year, it increased for Hispanics (21.5 percent in 2007, up from 20.6 percent in 2006).
The rate also increased for children under 18 years old (18.0 percent in 2007, up from 17.4 percent in 2006). The rates remained statistically unchanged for those 18-to-64 years old (10.9 percent) and those 65 and over (9.7 percent).
The data also revealed that the number of people lacking health insurance dropped by more than 1 million in 2007, the first annual decline since President Bush took office.
Census says 45.7 million people - 15.3 percent of the population - were uninsured in 2007. That's down from 47 million in 2006.
Government health insurance coverage increased to 83.0 million people (up from 80.3 million in 2006), while there was little change in the number of those covered by private health insurance (202 million in 2077, up from 201.7 million in 2006)
Both the percentage and number of children under 18 years old without health insurance were lower than in 2006 (11.0 percent and 8.1 million, respectively). Although the uninsured rate for children in poverty decreased last year, from 19.3 percent to 17.6 percent, children in poverty were more likely to be uninsured than all children.
In 2007, 24.5 percent of people in households with annual incomes of less than $25,000 had no health insurance coverage.
The data is included in a new report by the Census Bureau, Income, Poverty, and Health Insurance Coverage in the United States: 2007.
The report showed that by region, the number of those living in poverty in the South increased to 15.5 million in 2007 (14.2 percent), up from 14.9 million in 2006. The poverty rates for the Northeast (11.4 percent), Midwest (11.1 percent), and West (12.0 percent) were statistically unchanged from 2006.
Among the positive findings: The median - or midpoint - household income (adjusted for inflation) increased 1.3 percent between 2006 and 2007, from $49,568 to $50,233, the third consecutive annual increase.
(© 2009 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)