Poverty in America

According to the 2010 U.S. Census, 46.2 million Americans (15.1%) are living in poverty, the largest number since the U.S. government began calculating poverty figures in 1959. The U.S. poverty rate is the third worst among the developed nations tracked by the Organization for Economic Co-operation and Development (OECD). More than 1 in 5 children under age 18 and 1 in 6 Americans is living under the federal poverty line.

As the number of available jobs shrinks and the number of low-paying or part-time jobs with no benefits increases, the number of people unemployed or under-employed is rising. Low-wage jobs do not cover basic necessities such as food, shelter, clothing, transportation, and health care. Fueling this situation, health care costs are rising and crippling families. Currently, nearly 1 in 6 Americans has no health insurance (49.9 million), nearly 10% of whom (7.3 million) are children. Between 2009 and 2010, the poverty rate among seniors rose from 9% to 15.9% due to medical expenses. More than 45% of Americans are doubling-up, living with their parents or friends because they have incomes below the poverty level.

Rising inflation, falling job rates, unlivable wages, rising health care expenses and mounting debts are leading the middle- and lower- classes into poverty.

Where is poverty worst?
The South has been hit hardest by current economic conditions, with 18.8 million people living in poverty in 2010, 1.2 million more than in 2009. Next worst off was the West, with 10.9 million people living below the poverty line. The Northeast and the Midwest were doing relatively better, with 6.92 million and 9.49 million people, respectively, slipping or remaining under the poverty line. Twenty-two states had poverty rates greater than the national rate of 15.1% in 2010. Mississippi was the worst off, with almost one-quarter of its population (22.4%) living in poverty, followed by New Mexico, Kentucky, and Alabama where 1 in every 5 individuals is stricken by poverty. Among the 28 states that had poverty rates lower than the national rate, New Hampshire ranked the best (8.3%), followed by Alaska and Maryland (9.9%), Connecticut (10.1%), New Jersey (10.3%), and Hawaii (10.7%). Illinois wasn’t spared by the recession. It had 17.1 million (13.8%) individuals living below the federal poverty line — the 28th worst state in the nation.


Continue reading

The haves and the have-nots

Most Americans are unaware of how unequally wealth is distributed in this country. As of 2007, the top 1% of Americans had a net worth of 34.6% (more than $12 trillion) and held 49.7% of all the investment assets according to sociologist William Domhoff and the IRS. These wealth-holders take home almost one-quarter of the national income (24%). More than 1.3 million of them are men, 0.97 million are women; 21.3% are under 50 years of age; 50% are married.

The same data indicate that in 2007, California had the most residents with a net worth of at least $2 million, followed by New York, Florida, New Mexico, and Texas. Illinois ranked sixth. However, if you consider the concentration of wealth alongside the population of each state, Wyoming ranks first followed by Connecticut, New Hampshire, Vermont, California, South Dakota, Florida, New Jersey, New York, and Massachusetts.

Continue reading

Race & Ethnicity: Data Snapshots

By Lars Plougmann@Flickr.com

Following the release of the U.S. Census Bureau’s 2010 Census, several demographers and research institutes are worth noting for the helpful graphs and maps they have created to highlight changes in the racial and ethnic landscape of America. These data snapshots, based on the 2010 U.S. Census and the Census Bureau’s American Community Survey, offer a quick and easy overview of the country’s racial and ethnic make-up in terms of residential segregation, income segregation, population changes, and other demographic shifts over the past few decades.

Continue reading