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(Image from article: "Portion of Americans Living in Poverty Rises to Highest Level Since 1993")

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Portion of Americans Living in Poverty Rises to Highest Level Since 1993

Portion of Americans Living in Poverty Rises to Highest Level Since 1993

The Census Bureau report also found that median household incomes declined by 2.3 percent in 2010, in a sign of the toll the economic slump has taken.

 

Census data show falling income

In 2008, the median household income in the United States plummeted 3.6% from the year before, and the percentage of people living in poverty soared to an 11-year high, recently released U.S. Census data reveals.

 

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