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Report finds decline in household income, rise in poverty rate | Monday Morning Coffee

The official poverty rate in 2020 was 11.4%, up 1.0 percentage point from 2019

September 20, 2021 6:30 am

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Good Monday Morning, Fellow Seekers.

Welcome to the last Monday of Summer!

Data from the U.S. Census Bureau released last week is shedding new light on economic and social changes in American households.

According to the 2021 Current Population Survey Annual Social and Economic Supplement, the median household income decreased 2.9 percent from 2019 to 2020. 

The median household income was $67,521 in 2020, according to the Bureau, down from the 2019 median of $69,560.

The decrease, the Bureau said, is the first statistically significant decline in median household income since 2011.

“Pennsylvanians are not out of the dark yet. Families here continue to face difficult choices about how to put food on the table, pay rent, and hold down jobs given the risks and complexities created by the delta variant,” Marc Stier, Director of the Pennsylvania Budget and Policy Center said. “Our federal and state policymakers cannot turn a blind eye to this continued hardship, especially in Black, Latino, Indigenous, and immigrant communities.”

(U.S. Census Bureau graphic).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The decline in income wasn’t the only noteworthy finding.

The official poverty rate increased by a percentage point over the year from 33.9 million in 2019 to 37.2 million in 2020.

According to the Bureau, the increase is the first following five years of decline.

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Cassie Miller
Cassie Miller

A native Pennsylvanian, Cassie Miller worked for various publications across the Midstate before joining the team at the Pennsylvania Capital-Star. In her previous roles, she has covered everything from local sports to the financial services industry. Miller has an extensive background in magazine writing, editing and design. She is a graduate of Penn State University where she served as the campus newspaper’s photo editor. She is currently pursuing her master’s degree in professional journalism at the University of Nebraska-Lincoln. In addition to her role at the Capital-Star, Miller enjoys working on her independent zines, Dead Air and Infrared. Follow her on Twitter: @Wordsby_CassieM.

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