The U.S. Census Bureau on September 13 released a report, Income, Poverty, and Health Insurance Coverage in the U.S.: 2010. Bloomberg News summarized key data:
The Bureau says 10.7% [or 941,000] of New Jersey residents had household incomes below the poverty line last year. It was 9.3% in 2009 and 9.2% percent in 2008. The Census Bureau also says more than 15% of the state’s residents have no health insurance. That number has risen steadily.
Poverty Benchmarks – 2011, a March report issued by Legal Services of NJ (LSNJ) indicated nearly two million New Jerseyans are living in or on the brink of poverty. The state’s Occupational Wage Survey (August 2011) shows that of those employed the average salary is $50,730, but of those in the bottom 25 percentile the highest salary is $24,460. In order to be living above the poverty level, a family of one adult with two children would need an annual income of at least $17,285, and a family of two adults with two children would need $22,113.