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U.S. Census Bureau Announces Poverty Rates, Median Household Incomes

Friday, September 29, 2000 - 1:15AM

The U.S. poverty rate fell last year to 11.8 percent, the lowest point in 21 years, while median household incomes reached a record high, the U.S. Census Bureau reported Sept. 26. In 1999, 32.2 million Americans lived in poverty, down from 34.4 million, or 12.7 percent, the previous year. Adjusted for inflation, the median household income level increased 2.7 percent to $40,816 last year. The average poverty threshold for a family of four in 1999 was $17,029 in combined annual income. To access the Census Bureau’s new poverty report, click here.

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