[lbo-talk] income flat, poverty ticks up

Doug Henwood dhenwood at panix.com
Tue Aug 30 07:12:54 PDT 2005


<http://www.census.gov/Press-Release/www/releases/archives/income_wealth/005647.html>

FOR IMMEDIATE RELEASE TUESDAY, AUGUST 30, 2005, AT 10:10 A.M. EDT

CB05-125

Income Stable, Poverty Rate Increases, Percentage of Americans Without Health Insurance Unchanged

Real median household income remained unchanged between 2003 and 2004 at $44,389, according to a report released today by the U.S. Census Bureau. Meanwhile, the nation's official poverty rate rose from 12.5 percent in 2003 to 12.7 percent in 2004. The percentage of the nation's population without health insurance coverage remained stable, at 15.7 percent in 2004. The number of people with health insurance increased by 2.0 million to 245.3 million between 2003 and 2004, and the number without such coverage rose by 800,000 to 45.8 million.

These findings are contained in the Income, Poverty, and Health Insurance Coverage in the United States: 2004 [PDF] report. The report's data were compiled from information collected in the 2005 Annual Social and Economic Supplement (ASEC) to the Current Population Survey (CPS).

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