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Income, Poverty and Health Insurance Coverage in the United States: 2011 – Income & Wealth – Newsroom – U.S. Census Bureau

Income, Poverty and Health Insurance Coverage in the United States: 2011The U.S. Census Bureau announced today that in 2011, median household income declined, the poverty rate was not statistically different from the previous year and the percentage of people without health insurance coverage decreased.Real median household income in the United States in 2011 was $50,054, a 1.5 percent decline from the 2010 median and the second consecutive annual drop.

 

 

The nations official poverty rate in 2011 was 15.0 percent, with 46.2 million people in poverty. After three consecutive years of increases, neither the poverty rate nor the number of people in poverty were statistically different from the 2010 estimates.The number of people without health insurance coverage declined from 50.0 million in 2010 to 48.6 million in 2011, as did the percentage without coverage – from 16.3 percent in 2010 to 15.7 percent in 2011.These findings are contained in the report Income, Poverty, and Health Insurance Coverage in the United States: 2011. The following results for the nation were compiled from information collected in the 2012 Current Population Survey CPS Annual Social and Economic Supplement ASEC:IncomeMedian family household income declined by 1.7 percent in real terms between 2010 and 2011 to $62,273. The change in the median income of nonfamily households was not statistically significant.In 2011, real median household income was 8.1 percent lower than in 2007, the year before the most recent recession, and was 8.9 percent lower than the median household income peak that occurred in 1999. The two percentages are not statistically different from one another.Race and Hispanic Origin Race data refer to people reporting a single race only. Hispanics can be of any race.Real median income declined for non-Hispanic white and black households between 2010 and 2011, while the changes for Asian and Hispanic households were not statistically significant. Real median incomes for each race and Hispanic-origin group have not yet recovered to their pre-2001 recession all-time highs. See Table A.

via Income, Poverty and Health Insurance Coverage in the United States: 2011 – Income & Wealth – Newsroom – U.S. Census Bureau.

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Filed under: Blogosphere, Children and Poverty, Demographic Change, Election 2012, Health Literacy, Health Policy, Healthcare Reform, Latinos, News, Public Policy, , ,

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