The U.S. Census Bureau identified an error in the input of Supplemental Poverty Measure thresholds for renters used in the 2016 Supplemental Poverty Measure data products. The base threshold should have been $26,104 and was erroneously entered as $26,014. This error affected the Supplemental Poverty Measure poverty status for 109 unweighted observations. As a result, the overall Supplemental Poverty Measure poverty rate was understated by 0.06 percentage points—13.91 in published tables compared to 13.97 percent. Corrected tables, research files and a revised report will be available on our website.
Note: The Supplemental Poverty Measure rate has been corrected. All updated figures are in red. Please disregard the previous version of this News Release.
CORRECTION SEPT. 20, 2017 – The U.S. Census Bureau announced today that real median household income increased by 3.2 percent between 2015 and 2016, while the official poverty rate decreased 0.8 percentage points. At the same time, the percentage of people without health insurance coverage decreased.
Median household income in the United States in 2016 was $59,039, an increase in real terms of 3.2 percent from the 2015 median income of $57,230. This is the second consecutive annual increase in median household income. Read full article at census.gov…