The Escapade

Poverty has decreased for the overall population since the 1960s. Annualized average growth rate in per capita real survey mean consumption or income bottom 40 of population. Global Extreme Poverty Our World In Data Number of Families Below the Poverty Level and Poverty Rate. Poverty rate 1960 to present . 1960 - 2018. 4 Poverty rates for the early studies based on the. Since 1965 the poverty rate has surpassed 151 percent only once in 1983 when it stood at 152. Even though there was less extreme poverty the overall number of. People 65 and Over with Incomes Below 125 Percent of the Poverty Threshold and the Near Poor by Race. Its worth noting that as the geography of poverty-stricken areas has shifted the nations official poverty rate has declined over the past half-century from 221 in 1960 to 145 in 2013 according to Census Bureau data. Overall for the nation the poverty rate fell from 22 in 1960 steeply down to 12 in 1980 then moved up moderately to 15 during t...