Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Nearly Half of Americans Are Poor, Low-Income

New metric includes living costs

By Kevin Spak,  Newser Staff

Posted Dec 15, 2011 10:26 AM CST

(Newser) – Nearly 1 in 2 Americans are living either below the poverty level or within a stone's throw of it, according to a new Census metric designed to give a more complete view of poverty. According to the latest data, 49.1 million Americans are below the poverty line, and another 97.3 million are considered low-income, which is usually defined as having income between 100% and 199% of the poverty level, the AP reports.

The new system is designed to account for living expenses like medical costs and commuting costs, and those factors drove the total higher than the 1 in 3 that was reported in September. But even by traditional tallies, the share of working families who are low income has risen for three straight years, to 31.2%, its highest level in a decade.

Almost half of all Americans are having trouble getting by.
Almost half of all Americans are having trouble getting by.   (Shutterstock)
Almost half of Americans are having trouble getting by.
Almost half of Americans are having trouble getting by.   (Shutterstock)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
18%
2%
61%
1%
14%
3%
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Showing 3 of 170 comments
WAJ
Dec 16, 2011 10:26 PM CST
Because jobs that used to be here in the US are now located mostly overseas. Our government gives the approval to corporates to invest business in the third world countries. 
OuttaHere
Dec 16, 2011 7:09 AM CST
America is a third world country. Get used to it.
Count-Spatula
Dec 16, 2011 1:55 AM CST
I just came out of a 40 yr long coma, How did trickle-down economics turn out? Anyone..? Hello...? hellooo...? Thanks corrupt capitalism! We couldn't have gotten here without you.

More Newser Stories

1 in 3 Americans Poor or 'Near Poor'

Nearly 1 in 6 in US Lives in Poverty

US Poverty Rate Hits 11-Year High

Ranks of Poorest Poor Swell to New High

White Babies Now a Minority in US


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne