
Economic Issues | |
Where The Poor Are |
More of Mississippi's residents lived in poverty in 1995 than did residents of any other state in the union, while New Hampshire had the fewest, according to a new Census Bureau report. In 1995, a family of four was considered poor if its annual income was below $15,569 -- or $12,158 for a family of three.
Each estimate is based on a three-year average -- meaning that the 1995 figures are an average composite of 1994 through 1996, and 1993 figures are based on estimates of 1992 through 1994. Each year, some $20 billion in federal money is allocated based on poverty rates in each county. That includes about $8 billion in Title I education dollars to aid schools serving students from poorer households. Source: Associated Press, "Declines in Poverty Miss D.C., Three States," Washington Times, February 13, 1999. For more on Inequality and Income Distribution http://www.ncpa.org/pd/economy/econ7.html |
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