Hispanic Poverty Rate Hit an All-Time Low in 2017

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Hispanic Poverty Rate Hit an All Time Low in 2017

Hispanic Poverty Rate Hit an All-Time Low in 2017

The poverty rate declined overall in 2017 but the rate among Hispanics had one of the largest year-to-year drops across demographic groups and was the lowest since poverty estimates for Hispanics were first published in 1972.

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Data from the Current Population Survey Annual Social Economic Supplement (CPS ASEC) showed the annual poverty rate in 2017 was 12.3 percent, a decline of 0.4 percentage points from 2016.

Hispanic Poverty Rates Over Time: 1972 to 2017

Across the demographic groups included in the annual report Income and Poverty in the United States: 2017, Hispanics had among the largest year-to-year decline in poverty rates, dropping down 1.1 percentage points to 18.3 percent from 2016 to 2017.

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