U.S. and Fourth District Poverty Rates
The poverty rate is the percentage of people whose family income falls below an officially determined threshold, which varies by family size and composition. After dropping nearly 4% from 1993 to 2000, the U.S. poverty rate has been trending steadily up. Poverty rates in the Fourth District and its metropolitan areas have also increased, but specifics on many areas remain unknown. New data from the U.S. Census Bureau enable us to pinpoint the performance of individual counties within the District.
Suggested citation: “U.S. and Fourth District Poverty Rates,” Federal Reserve Bank of Cleveland, Economic Trends, no. 06-01, pp. 14-15, 01.15.2006.