Have you ever taken a poverty quiz? If the answer is no, click here and find out if you’re (un)educated on wealth inequality!
This quiz presents accurate data on income and poverty in the United States. The information has been collected in the 2015 and earlier Current Population Survey Annual Social and Economic Supplements (CPS ASEC) conducted by the U.S. Census Bureau.
If you’re not willing to take the quiz, here are three facts about poverty and wealth inequality in the United States:
1) The number of people living in poverty in 2015 is higher than it was in 2007. According to Income and Poverty in the United States: 2015, U.S. Census Bureau (p.12), 43.1 million people lived in poverty in 2015. Compared to the latest recession in 2007, the number of people living in poverty in 2015 is still 1 percent higher.
2) In the United States, more women live in poverty than men. In 2015, 24 million women lived in poverty while 19 million men lived in poverty. Moreover, children who live with a single mother more likely to experience poverty than the children of married-couple families. According to page 15 of the to Income and Poverty in the United States: 2015, U.S. Census Bureau, children under the age 6 living with a single mother are more than four times as likely to experience poverty as children of the same age living with married parents. 14.5 million children lived in poverty in 2015. Although children make up only 23 percent of the U.S. population, they disproportionally represent 33 percent of people living in poverty.
3) A family of four (two adults and two children) are technically not considered to be living in poverty if they annually earn $35,000.The federal “poverty threshold” is $24,036. However, social welfare researchers estimate that it takes an income that is about twice the official poverty level to achieve basic financial security.
By Ellen Callahan