Poverty In USA

Poverty: 2006 Highlights

The data presented here are from the Current Population Survey (CPS), 2007 Annual Social and Economic Supplement (ASEC), the source of official poverty estimates. The CPS ASEC is a sample survey of approximately 100,000 household nationwide.These data reflect conditions in calendar year 2006.

Highlights

• The official poverty rate in 2006 was 12.3 percent, down from 12.6 percent in 2005 (Table 3).
• In 2006, 36.5 million people were in poverty, not statistically different from 2005.
• Poverty rates in 2006 were statistically unchanged for non-Hispanic Whites (8.2 percent), Blacks (24.3 percent), and Asians (10.3 percent) from 2005. The poverty rate decreased for Hispanics (20.6 percent in 2006, down from 21.8 percent in 2005).
• The poverty rate in 2006 was lower than in 1959, the first year for which poverty estimates are available (Figure 3). From the most recent trough in 2000, the rate rose for four consecutive years, from 11.3 percent in 2000 to 12.7 percent in 2004, and then declined to 12.3 percent in 2006 – a rate not statistically different from those in 2002 and 2003 (12.1 percent and 12.5 percent, respectively).
• For children under 18 years old and people aged 18 to 64, the poverty rates (17.4 percent and 10.8 percent, respectively) and the numbers in poverty (12.8 million and 20.2 million, respectively) remained statistically unchanged from 2005.
• Both the poverty rate and the number in poverty decreased for people aged 65 and older (9.4 percent and 3.4 million in 2006, down from 10.1 percent and 3.6 million in 2005)