Wednesday, September 15, 2021

Who Was Lifted Out of Poverty by Stimulus Payments?

The stimulus payments the government distributed during the pandemic helped lift 11.7 million people out of poverty in 2020.
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America Counts: Stories Behind the Numbers

Who Was Lifted Out of Poverty by Stimulus Payments?

The more than $400 billion in two rounds of stimulus payments the government distributed during the pandemic helped lift 11.7 million people out of poverty in 2020, according to the Supplemental Poverty Measure (SPM) released earlier this week.

The Census Bureau publishes SPM, an alternative to the official poverty measure that incorporates the value of noncash government transfers, taxes and necessary expenses into the resources a family has available to meet its basic needs.

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Understanding Equity Through Census Bureau Data

With the recent release of income, poverty, and health insurance coverage statistics, the Census Bureau adds to the voluminous amount of data previously released that help to measure topics related to equity.

These data show how different segments of the population are making gains or are impacted by the pandemic or the recent economic recession.

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2020 Income, Poverty, and Health Insurance

2020 Income, Poverty, and Health Insurance in the United States

The Census Bureau announced earlier this week that median household income in 2020 decreased 2.9% between 2019 and 2020, and the official poverty rate increased 1.0 percentage point. Meanwhile the percentage of people with health insurance coverage for all or part of 2020 was 91.4%.

An estimated 8.6% of people, or 28.0 million, did not have health insurance at any point during 2020, according to the 2021 Current Population Survey Annual Social and Economic Supplement (CPS ASEC).

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About America Counts

America Counts tells the stories behind the numbers in a new inviting way. It features stories on various topics such as families, housing, employment, business, education, economy, emergency management, health, populationincome and poverty. Contact our Public Information Office for media inquiries or interviews.

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