census report on poor

Is Poverty Among Older Americans Undercounted?

Posted on 05/24/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsPoverty levels are much higher for older Americans when you factor in how much they need to spend on health care, the Census Bureau has found. While 9 percent or so of all Americans 65 and older were below the official poverty threshold in 2011 ($10,788 for an individual), 15 percent were below an alternative threshold that takes into account spending on health care. The alternative measure also takes into account variations in the cost of living, taxes, whether a …

More Than One in 10 Older Adults Are Poor

Posted on 09/12/2012 by | Money and Work | Comments

Bulletin Today | Money & SavingsMore than 10 million Americans age 50 and older  — one in 10 — lived in poverty last year, about the same as in 2010, according t0 new Census data released Wednesday. Older adults fared slightly better than working-age people. Here’s how those figures broke down: About 6.5 million people 50 to 64, or 11 percent, remained in poverty last year. Among people 65 and older, 3.6 million were officially considered poor, a rate of about 9 percent. Hiring was weak …