Tagged With "income"
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New federal report surprises: Philadelphia poverty down, income up [philly.com]
Philadelphia’s poverty rate, a stark and stubborn indicator of hard times that has long hindered the city’s reputation, dropped to its lowest level since 2008 — near the start of the recession. At the same time, median household income here rose. The findings, contained in a voluminous report from the U.S. Census Bureau released Thursday, showed that the city’s poverty rate declined from 25.7% in 2016 to 24.5% in 2018. The number of Philadelphia residents living in poverty dropped by 14,537...