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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 and Lydia DePillis

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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