Inco come an and P Poverty: ty: 2018 2018 September 2019 URL: - - PowerPoint PPT Presentation

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Inco come an and P Poverty: ty: 2018 2018 September 2019 URL: - - PowerPoint PPT Presentation

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Inco come an and P Poverty: ty: 2018 2018 September 2019 URL: http://www.census.gov/newsroom/press- kits/2019/income_poverty.html Pr Present nter Trudi J. Renwick Assistant Division Chief, Economic Characteristics Social, Economic, and

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Inco come an and P Poverty: ty: 2018 2018

September 2019

URL: http://www.census.gov/newsroom/press- kits/2019/income_poverty.html

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SLIDE 2

Pr Present nter

Trudi J. Renwick

Assistant Division Chief, Economic Characteristics Social, Economic, and Housing Statistics Division

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SLIDE 3
  • Median household income was $63,200 in 2018, not

statistically different from the 2017 median.

  • The 2018 real median earnings of men ($55,300) and

women ($45,100) who worked full-time, year-round increased 3.4 percent and 3.3 percent, respectively, between 2017 and 2018.

  • The number of full-time, year-round workers

increased by 2.3 million, between 2017 and 2018. The number of men and women full-time, year- round workers increased by about 700,000 and 1.6 million, respectively.

Highlights ts

Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 2018 and 2019 Annual Social and Economic Supplements.

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SLIDE 4

Real M Median an Ho House sehold Income: e: 1 196 967 t to 2 201 018

10 20 30 40 50 60 70 80 90 100 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2018 Income in thousands (2018 dollars) Recession

$63,200

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2019 Annual Social and Economic Supplements.

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$47,100

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SLIDE 5

Real M Median an Ho House sehold Income: e: 1 196 967 t to 2 201 018

10 20 30 40 50 60 70 80 90 100 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2018

Traditional m median Red edesi esigned ed m median Updated processing g med edia ian

Income in thousands (2018 dollars) Recession

$47,100

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2019 Annual Social and Economic Supplements.

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$63,200

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SLIDE 6

Red edesi signed ed Ho House sehold I Income C Com

  • mpar

arison son: 1 199 999 to to 2018 18

Income in thousands (2018 dollars) Recession

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 2000 to 2019 Annual Social and Economic Supplements.

50 55 60 65 70 1999 2007 2013 2018

Traditional m median Red edesi esigned ed m median Adj djust sted ed m median $62,700 $63,200

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$63,200 Updated processing g med edia ian

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SLIDE 7

Rea eal Median an Ho House sehold I Income b e by Rac Race and Hi Hispan anic Origin o

  • f Ho

House seholder er: 1 196 967 t to 2018

Income in thousands (2018 dollars) Recession 10 20 30 40 50 60 70 80 90 100 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2018

His ispanic ic ( (an any rac ace) Asian Black $87,200 200 $70,600 $41,400 $51,500 No Non-Hispanic W White $68,300 300 $55,500 500 $41,300 $28,500 500

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Income rounded to nearest $100. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2019 Annual Social and Economic Supplements.

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10 20 30 40 50 60 70 80 90 100

52.0 22.6 14.1 8.3

3. 3.1

Hig ighest q quintile ile Fourth th q quinti tile Third q quinti tile Second quinti tile Lowest q quinti tile

Shar ares es of Aggreg egate Hou e Househ ehol

  • ld I

Income b e by Quintile: e: 2018 18

Percent of aggregate income

20% 20% 20% 20% 20%

All Households I&P-6

Source: U.S. Census Bureau, Current Population Survey, 2019 Annual Social and Economic Supplements.

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SLIDE 9

10 20 30 40 50 60 70 80 90 100

Highest quintile Fourth quintile Third quintile Second quintile Lowest quintile 22.6 14.1 8.3

3. 3.1

23.1

23.1

Percent of aggregate income I&P-7

Shar ares es of Aggreg egate Hou e Househ ehol

  • ld I

Income b e by Quintile: e: 2018 18

23.1 To Top 5 5% 52.0

Source: U.S. Census Bureau, Current Population Survey, 2019 Annual Social and Economic Supplements.

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Gini I Inde ndex x of

  • f Mon
  • ney I

y Inc ncome: 1 1967 t to

  • 2018

18

0.300 0.350 0.400 0.450 0.500 0.550 0.600 1967 1975 1980 1985 1990 1995 2000 2005 2010 2013 2018

0.486 0.397 Gini index

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. In 1993, there was a change in data collection methodology. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2019 Annual Social and Economic Supplements.

Recession I&P-8

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SLIDE 11

20 40 60 1960 1970 1980 1990 2000 2010 2018 1960 1970 1980 1990 2000 2010 2018

Rea eal M Med edian Earnings: s: 1960 t 60 to 2018 18

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Earnings rounded to nearest $100. Workers aged 15 and older. Source: U.S. Census Bureau, Current Population Survey, 1961 to 2019 Annual Social and Economic Supplements.

$46,700 $32,700

Recession

$55,300 $45,100

Earnings in thousands (2018 dollars)

Male ales Females es Male ales Females es

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Total workers Full-time, year-round workers

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40 50 60 70 80 90 100 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2018

Fem emale le-to to-ma male ear earnin ings r s ratio io 81.6% 60.7%

Fe Female-to-Mal ale E Earnings Ra gs Ratio: 1 1960 t to

  • 2018

18

(Full-time, year-round workers, aged 15 and older)

Ratio in percent Recession I&P-10

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Workers aged 15 and

  • lder.

Source: U.S. Census Bureau, Current Population Survey, 1961 to 2019 Annual Social and Economic Supplements.

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SLIDE 13

10 20 30 40 50 60 70 80 90 100 1967 1980 1990 2000 2010 2018

Wor

  • rker

ers w s with E Earnings b gs by Sex: 1 1967 t 67 to 2018

Numbers in millions Recession

50.8 milli llion 88.1 milli llion 79.4 milli llion 67.2 m million

1967 1980 1990 2000 2010 2018

Male ales Females es Male ales Females es

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Total workers Full-time, year-round workers

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Workers aged 15 and

  • lder.

Source: U.S. Census Bureau, Current Population Survey, 1968 to 2019 Annual Social and Economic Supplements.

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SLIDE 14

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2019 Annual Social and Economic Supplements.

5 10 15 20 25 20 25 30 35 40 45 50 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2018 Numbers in millions

Povert rty Rate and N and Numbe ber i r in n Poverty: y: 1959 t 59 to 2018

Percent

38.1 millio llion

Recession

Pov

  • verty r

y rate 22.4% 11.8% 39.5 millio llion Number i in p poverty ty

I&P-12

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Pover erty Ra Rates es by Rac Race a and Hi Hispan anic Origin: n: 1 1959 t 59 to 2018 18

10 20 30 40 50 60 70 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2018 Percent

Non-Hispanic W White His ispanic ic ( (an any race) Black 55.1% 22.8% 7.5%

Recession

17.6% 8.1% 20.8%

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2019 Annual Social and Economic Supplements.

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10.1% 16.1% Asian

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Povert rty Rates b by Ag Age: 1 1959 t to

  • 2018

18

5 10 15 20 25 30 35 40 45 50 1959 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2018

Aged ed 1 18 to to 64 Under ag age 18 e 18 17.0% 27.3% 35.2% Aged 6 65 a and older er 16.2% 10.7% 9.7%

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Data for people aged 18 to 64 and 65 and older are not available from 1960 to 1965. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2019 Annual Social and Economic Supplements.

I&P-14 Recession Percent

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SLIDE 17

Family y Poverty R y Rates b by Type pe: 1 1959 t to

  • 2018

42.6% 18.5% 5.3% 10.7%

5 10 15 20 25 30 35 40 45 50 2018 2010 2005 2000 1995 1990 1985 1980 1975 1970 1965 1959

All f families es Marri ried co couple Male ho e househ seholder er, no no s spo pouse se Female e ho househ eholder, no no spouse

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Data for Married Couple Families and Male Householder Families are not available from 1960 to 1973. Source: U.S. Census Bureau, Current Population Survey, 1960 to 2019 Annual Social and Economic Supplements.

I&P-15 Recession Percent

24.9% 12.7% 9.0% 4.7%

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SLIDE 18

29.4%

Femal ale e Hou Househ ehol

  • lder

er F Family P Pover erty b by Ra Race: e: 1967 to 2 201 018

21.5% 51.4% 56. 56.3%

10 20 30 40 50 60

2018 2010 2005 2000 1995 1990 1985 1980 1975 1970 1967

No Non-Hispanic W White te Black His ispanic ic ( (an any r rac ace)

Note: The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The data for 2013 and beyond reflect the implementation of the redesigned income questions. Data availability for Female Householder Families by race varies from 1967 to 1974. Source: U.S. Census Bureau, Current Population Survey, 1968 to 2019 Annual Social and Economic Supplements.

Recession Percent I&P-16

30.8% 19.7%

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SLIDE 19

Pover erty Ra Rates es by Regi gion

  • n: 2

201 017 t to 201 018

2 4 6 8 10 12 14 16

North Midwest South West

2017 2018

  • 1.1

Note: Label indicates statistically different from zero change between 2017 and 2018 at the 90 percent confidence

  • level. The data for 2017 and beyond reflect the implementation of an updated CPS ASEC processing system. The

data for 2013 and beyond reflect the implementation of the redesigned income questions. Source: U.S. Census Bureau, Current Population Survey, 2018 and 2019 Annual Social and Economic Supplements.

Percent I&P-17

  • 0.9
  • 0.7

Not statistically different

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SLIDE 20
  • Income and Poverty in the United States:

2018

  • Detailed and historical tables
  • Poverty thresholds
  • America Counts: Stories Behind the

Numbers

  • “U.S. Median Household Income Was $63,179

in 2018, Not Significantly Different From 2017”

  • “Poverty Rate for Female Householders and

their Families Lowest on Record”

  • “Payday, Poverty, and Women”

For more i information: n:

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<https://www.census.gov/library/publications/2019/demo/p60-266.html>