Poverty rate falls for first time since 2006
The U.S. Census Bureau announced today that the national poverty rate fell from 15.0 percent in 2012 to 14.5 percent in 2013 - the first time the rate has fallen in eight years. The poverty rate for children under 18 also declined in 2013 for the first time since 2000 - from 21.8 percent in 2012 to 19.9 percent in 2013.
While the percentage of the population living below the federal poverty threshold- $11,490 for a single person or $23,550 for a household of four - is on the decline, there were 45.3 million people in the U.S. considered poor in 2013, one-third of whom were children. Poverty rates among states range from lows of 8.3 percent in Utah, 8.7 percent in Vermont and 9.0 percent in New Hampshire to highs of 20.0 percent in Arizona, 21.7 percent in New Mexico, and 22.5 percent in Mississippi.