U.S. Poverty Rate At 10.6% In 2024, Down Slightly From 2023

In 2024, the official poverty rate fell 0.4 percentage points to 10.6%, according to a recent report from the Census Bureau. There were 35.9 million people in poverty in 2024. Poverty among children under age 18 was higher than other age groups, at 14.3%, according to the report. However, between 2023 and 2024, the poverty rate among this age group declined by 1.0 percentage point. The poverty rate for non-elderly adults ages 18 to 64 decreased by 0.4 percentage points to 9.6%. The poverty rate for those 65 and older was 9 . . .