24 12 2012 13 33 00 How do rates of poverty among seniors compare to rates of poverty among children under age 18 Twice as many children are poorer than seniors Poverty Rates by Race Ethnicity 2007 Black 24 7 Latino 20 7 White 10 2 Asians 10 6 Defining Income Quintiles Bottom 0 20 712 3 6 of all income Second 20 713 39 000 9 4 of all income Third 39 001 62 725 15 1 of all income Fourth 62 726 100 240 22 9 of all income Top 100 241 and higher 49 0 of all income Comparison of Median Incomes Married 65 000 Non married 39 350 Men 47 284 Women 34 080 White 62 925 Non White 42 617 Prime Age 67 428 Non Prime Age 49 115 College 58 114 Non College 44 415 2011 Median Income 49 445 lowest since 1997 Poverty threshold for family of 4 in 2011 22 350 How did the gap in family household income change between 1947 The gap between richest and poorest held steady for a time but it From year to year how many people remain poor and how many leave 80 leave poverty within 2 years but remain vulnerable What percentage of families who are poor have at least one member began to grow in 1979 2011 poverty who is employed 65 or more How has the stability of family incomes changed between the early 1970s and the late 1990s Family incomes are now 5 times as unstable A New Kind of Poverty Economic inequality is increasing Status of young men undereducated is declining Poverty is moving to suburbs Main Point inequality is increasing 24 12 2012 13 33 00 24 12 2012 13 33 00
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