Friday, October 17, 2014

CALIFORNIA POVERTY RATE: 23.4%...



Census Bureau: California still has highest U.S. poverty rate - Dan Walters/Sacramento Bee

California continues to have – by far – the nation’s highest level of poverty under an alternative method devised by the Census Bureau that takes into account both broader measures of income and the cost of living.

Nearly a quarter of the state’s 38 million residents (8.9 million) live in poverty, a new Census Bureau report says, a level virtually unchanged since the agency first began reporting on the method’s effects.

Under the traditional method of gauging poverty, adopted a half-century ago, California’s rate is 16 percent (6.1 million residents), somewhat above the national rate of 14.9 percent but by no means the highest. That dubious honor goes to New Mexico at 21.5 percent.

But under the alternative method, California rises to the top at 23.4 percent while New Mexico drops to 16 percent and other states decline to as low as 8.7 percent in Iowa....

The Public Policy Institute of California used a similar methodology last year to gauge poverty in the state’s 58 counties, called a California Poverty Measure.

It pegged the statewide poverty rate at 22 percent and found some of the highest rates in the San Francisco Bay Area and coastal communities usually considered affluent due to their high costs of housing. Los Angeles had the highest rate in the state, 26.9 percent, followed by Napa at 25.5 percent.

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