Household Income Rises, Poverty Rate Unchanged, Number of Uninsured Down
Real median household income in the United States climbed 1.3 percent between
2006 and 2007, reaching $50,233, according to a report released by the U.S. Census Bureau. This is the third annual
increase in real median household income. Meanwhile, the nation’s official poverty rate in 2007 was 12.5 percent, not
statistically different from 2006. There were 37.3 million people in poverty in 2007, up from 36.5 million in 2006. The
number of people without health insurance coverage declined from 47 million (15.8 percent) in 2006 to 45.7 million
(15.3 percent) in 2007. Read more...
