Poverty rates illustrate the economic condition of families and, as such, a key risk factor of dependence.
Figure ECON 1. Percent in Poverty
- The percentage of people living below the poverty line increased between 1990 and 1992 but remained stable from 1992 to 1993.
- The percentages of children living in poverty increased for all age groups between 1990 and 1993, most notably for children age 0 to 5. In contrast, Table ECON 1 shows that the percentage of adults age 65 and over in poverty decreased over the same time period.
- Table ECON 1 also shows that in 1993 approximately 32 percent of non-Hispanic blacks lived below the poverty level. By comparison, approximately 29 percent of Hispanics lived below the poverty line in 1993 and 10 percent of non-Hispanic whites were poor in both years.
Table ECON 1. Percent in Poverty
|Children Age 0 - 5||23.0||24.4||25.7||26.2|
|Children Age 6 - 10||20.8||21.3||21.4||21.6|
|Children Age 11 - 15||17.6||18.9||19.9||20.1|
|Women Age 16 - 64||12.7||13.2||14.3||14.2|
|Men Age 16 - 64||8.5||9.4||10.4||10.3|
|Adults Age 65 and over||9.7||10.2||9.4||9.2|
Source: Unpublished data from the SIPP, 1990 and 1992 panels.