U.S. Poverty Rate Remains Unchanged at 12.9% in 2024

The Census Bureau reports 35.9 million Americans living in poverty, showing no significant change from the previous year.

Summary

The U.S. Census Bureau announced that the national poverty rate held steady at 12.9% in 2024, with approximately 35.9 million people living in poverty. These figures reflect little change compared to 2023, indicating ongoing economic challenges for millions of Americans.

Terms & Concepts
  • Poverty Rate: The percentage of the population whose income falls below the poverty threshold set by the government.