For Immediate Release: September 15, 2016
Contact: Magen Allen
(212) 825-0028 x212
NEW FEDERAL DATA:
POVERTY FINALLY DIPS IN NEW YORK CITY
According to the Census Bureau ACS data released today, poverty in NYC dropped from 21.2 percent in 2012 to 20.0 percent in 2015, a 6 percent decrease. Even though the City’s population increased during that time, the number of people in poverty fell from 1.734 million to 1.680 million, a 62,418-person drop. But one in five New York City children still live in poverty. In the Bronx, the lowest-income urban county in the United States, 30 percent of people, and 42 percent of children, live below the poverty line.
In response, Joel Berg, the CEO of Hunger Free America, said: “For the first time in years, we finally have some limited good news on poverty in New York City. Public policies that have created jobs, raised wages, and strengthened the social safety net have started to pay off. But these numbers also prove that we still have our work cut out for us, especially given that, overall, New York is the wealthiest city in the history of the world. The number of people in poverty in New York City still exceeds the total population of Philadelphia, and four in ten kids in the Bronx live in poverty. We need to build upon the public programs and economic policies that work to ensure that this one year dip in poverty turns into a robust, multiyear trend that dramatically decreases deprivation in New York City.”