Aug 27, 2008 7:29 am US/Eastern
Census Figures Show Decline In NYC Poverty Rate
NEW YORK (AP) ―
Federal figures show the poverty rate in New York City declined in 2007.
The Census Bureau reported Tuesday that the city's poverty rate was 18.5 percent, down from 19.2 percent the year before. The figures also showed that the percentage of city residents living at less than half of the poverty level decreased, from 8.5 percent to 8.1 percent.
Nationally, the poverty rate was 12.5 percent. The rate for 2006 had been 12.3 percent, but the change of two-tenths of a percentage point in 2007
was not statistically significant.
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