The U.S. Census Bureau just released new data from the Small Area Income and Poverty Estimates (SAIPE) program, providing the only up-to-date, single-year income and poverty statistics for the nation’s 3,141 counties and 13,197 school districts. Among other key findings for 2018, the report reveals that 13.6 percent of counties had a statistically significant increase in median household income from 2007, while 5.5 percent had a decrease.
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The Perfect Balance
According to the U.S. Census Bureau, the median household income in the U.S. was $61,937 in 2018. What kind of life does this afford the average American? The answer depends on a variety of factors, such as spending and saving habits, as well as the cost of living. In addressing the cost of living factor, SmartAsset released a report listing the best cities to live in the country with an income of $60,000.
From September 15th to October 15th, National Hispanic Heritage Month celebrates the histories, stories, cultures and contributions of American citizens whose ancestors came from Mexico, Central and South America, Spain and the Caribbean. The observance began in September 1968 as Hispanic Heritage Week and was expanded into a month in 1989.
The U.S. Census Bureau’s 2018 American Community Survey one-year estimates reveal that the national poverty rate was 11.8 percent in 2018, a decrease from 12.3 percent in 2017. Fourteen states had a poverty decline, while Connecticut was the only state to have an increase during the same time period. Seven states had poverty rates lower than 10 percent in 2018, but other states have the highest poverty rates up to 19.7 percent. Read more for a list of the states with the highest poverty rates.
Job-listing site Glassdoor just released their list of the Highest-Paying Jobs and Highest-Paying Companies in 2019. It might not come as a shock that the highest-paying jobs are in healthcare: Physician, Pharmacy Manager and Dentist, which require many years of schooling, were ranked as the top highest-paying career choices. The median base salary for a Physician is $193,415, $144,768 for a Pharmacy Manager and $142,478 for a Dentist.
MONEY recently released their ranking of the 2019 Best Places to Live, featuring cities across the nation with Clarksville, Tennessee coming out on top. Places with a population of 50,000 or more were measured based on factors such as economic health, cost of living, diversity, public education, income, health and safety, and amenities.
According to a new U.S. Census Bureau report, the official poverty rate decreased 0.5 percentage points from 12.3 percent to 11.8 percent between 2017 and 2018. A large proportion of this decline is attributed to a drop in the poverty rate of female-householder families with no spouse present, which dropped by 1.7 percentage points to 26.8 percent. The poverty rate for this group is at the lowest on record. The previous low poverty rate for these families was 28.5 percent in both 2000 and 2017.
The U.S. Census Bureau has recently released their findings on income and poverty estimates for the nation’s states, counties and school districts in the new Small Area Income and Poverty Estimates (SAIPE) report. Key findings for the year 2017 are that 11.3 percent of counties had a statistically significant increase in median household income compared to 2007, while 7.5 percent had a decreased in that same time period.
According to new Educational Attainment data released today by the Census Bureau, the high school completion rate in the U.S. has reached its highest level in history. Today, 90 percent of the U.S. population age 25 and older has completed high school. These figures represent significant shift from 1940 when 76 percent of the population age 25 and older had not earned a high school diploma.