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Poverty Rate Soared in 2022 as Aid Ended and Prices Rose

The increase in poverty reversed two years of large declines. Median income, adjusted for inflation, fell 2.3 percent to $74,580.

Ben Casselman
Author: Ben Casselman

Written by

Ben Casselman

in

Census Bureau, Health Insurance and Managed Care, Income, Inflation (Economics), Poverty, Stimulus (Economic), Tax Credits, Deductions and Exemptions, United States Economy
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