2022 Income and Poverty National Statistics from the Census Bureau
About
The Census Bureau announced the availability of National 2022 Income, Poverty and Health Insurance Coverage Statistics during an online news conference.
About the Data
The U.S. Census Bureau held an online news conference to announce the findings of reports estimating income and poverty in the United States.
The reports — Income in the United States: 2022 and Poverty in the United States: 2022 — provide national statistics from the Census Bureau’s Current Population Survey Annual Social and Economic Supplement (CPS ASEC).
National 2022 income statistics - Annual release of estimates on income, earnings and inequality to evaluate national economic trends and gauge their effect on the well-being of households and individuals in 2022.
National 2022 poverty statistics - Annual release of official poverty and Supplemental Poverty Measure (SPM) estimates to help understand the economic well-being of households, families and individuals based on national and 3-year average state poverty rates.
About Other Census Data - the Survey of Income and Program Participation (SIPP)
The SIPP is a household-based survey about annual and sub-annual dynamics of income, family and household content, movement into and out of government programs, and interactions of these topics in a single, unified dataset allowing for in-depth, informed analyses.
Government domestic policy formulators and evaluators depend heavily upon the information collected in the SIPP in their analyses of the distribution of income received either directly as money or indirectly as in-kind benefits and the effect of tax and transfer programs on that distribution.
They also rely on the SIPP data to provide improved and expanded information on the dynamics of income and the general economic and financial situation of the U.S. population, in the context of the household situation, which the SIPP has provided on a continuing basis since 1983.
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- Posted by: Katie Mehle
- Posted in: LMI Central