Poverty increased to 12.4 percent, from 7.8 percent in 2021, reflecting the end of some pandemic relief programs and the impact of inflation.
In contrast, the proportion of Americans without health insurance at any point during the year dwindled — from 8.3 percent in 2021 to 7.9 percent last year.
Tuesday Census data also noted a 2.3 percent drop in median household income, from $76,330 in 2021 to $74,580 in 2022. Real median earnings for both part-time and full-time workers also dropped over the last year by 2.2 percent.jump in the national rate. The main question was the size of that increase because of the competing effects of an improving 2022 labor market and record inflation.The poverty rate of 12.
The Census Bureau releases poverty, income and health insurance data annually based on the Current Population Survey, one of its main sources of nationwide data. The Census’s insurance data released Tuesday, combined with state-level data from the Census’s American Community Survey set to be released Thursday, is considered the most accurate portrait of health coverage in the United States.