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By Staff Reporters and from the US Census Bureau

The U.S. Census Bureau just announced that in 2010, median household income declined, the poverty rate increased and the percentage without health insurance coverage was not statistically different from the previous year.   

[Depression era photo by Dorthea Lange] 

Summary of Other Key Findings:

• Real median household income in the United States in 2010 was $49,445, a 2.3 percent decline from the 2009 median.
• The nation’s official poverty rate in 2010 was 15.1 percent, up from 14.3 percent in 2009 ─ the third consecutive annual increase in the poverty rate. There were 46.2 million people in poverty in 2010, up from 43.6 million in 2009 ─ the fourth consecutive annual increase and the largest number in the 52 years for which poverty estimates have been published.
• The number of people without health insurance coverage rose from 49.0 million in 2009 to 49.9 million in 2010, while the percentage without coverage −16.3 percent – was not statistically different from the rate in 2009.

Assessment

This information covers the first full calendar year after the December 2007 – June 2009 recession. And, these findings are contained in the report Income, Poverty, and Health Insurance Coverage in the United States: 2010.

The following results for the nation were compiled from information collected in the 2011 Current Population Survey (CPS) and Annual Social and Economic Supplement (ASEC).

Slideshow Link: http://www.census.gov/newsroom/releases/pdf/2010_Report.pdf

Conclusion

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Filed under: Book Reviews, Ethics, Health Insurance, Videos | Tagged: Annual Social and Economic Supplement, Current Population Survey, Depression era, Dorthea Lange, Income Poverty and Health Insurance Coverage, median household income, poverty rate, U.S. Census Bureau | Leave a comment »