📊 Income, Poverty and Health Insurance Coverage in the United States: 2023
The U.S. Census Bureau today announced that real median household income increased by 4.0% between 2022 and 2023. This is the first statistically significant annual increase in real median household income since 2019.
The official poverty rate fell 0.4 percentage points, to 11.1%, in 2023. The Supplemental Poverty Measure (SPM) rate in 2023 was 12.9%, an increase of 0.5 percentage points from 2022.
Meanwhile, 92.0% of the U.S. population had health insurance coverage for all or part of 2023, not statistically different from 2022. An estimated 26.4 million or 8.0% of people did not have health insurance at any point during 2023, according to the 2024 Current Population Survey Annual Social and Economic Supplement (CPS ASEC), also not statistically different from the previous year.
These findings come from three Census Bureau reports: Income in the United States: 2023; Poverty in the United States: 2023; and Health Insurance Coverage in the United States: 2023.
📖 New on America Counts
Learn more about the findings from new reports on income, poverty, and health insurance coverage released today in four new stories on America Counts.
The percentage of people without health insurance coverage in 2023 was 8%, not significantly higher than the 7.9% uninsured rate in 2022, according to a U.S. Census Bureau report released today.
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The national official poverty rate (11.1%) was lower than the Supplemental Poverty Measure (SPM) (12.9%) in 2023, according to the U.S. Census Bureau’s report, Poverty in the United States: 2023, released today.
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Real median household income rose to $80,610 in 2023, the first annual increase since 2019 before the COVID-19 pandemic, according to a U.S. Census Bureau report released today.
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The Supplemental Poverty Measure, which includes noncash government assistance, increased for the second consecutive year to 12.9% in 2023 from 12.4% in 2022, according to U.S. Census Bureau survey data released today.
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