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United States Poverty Rate

The United States' poverty rate was 1.2% in 2023, unchanged from 2022, according to World Bank. The United States has poverty rate lower than the global median (1.20% vs median 1.90%). Compared with the median in Americas, the United States is lower (1.20% vs regional median 2.25%) and ranks 17th out of 22 countries in Americas.

The United States' annual unemployment rate rose to 4.11% in 2024, up from 3.64% in 2023.

Yearly Historical Data (1963-2023)

(in %)
Year Poverty Rate (%)
2023 1.2%
2022 1.2%
2021 0.5%
2020 0.5%
2019 1%
2018 1%
2017 1.2%
2016 1.2%
2015 1.2%
2014 1.2%
2013 1%
2012 1%
2011 1%
2010 1.2%
2009 1%
2008 1%
2007 1%
2006 1%
2005 1%
2004 1%
2003 1%
2002 1%
2001 1%
2000 0.7%
1999 0.7%
1998 0.7%
1997 0.7%
1996 0.7%
1995 0.7%
1994 0.7%
1993 0.7%
1992 0.5%
1991 0.5%
1990 0.5%
1989 0.5%
1988 0.5%
1987 0.5%
1986 0.7%
1985 0.7%
1984 0.7%
1983 0.7%
1982 0.7%
1981 0.5%
1980 0.5%
1979 0.7%
1978 0.7%
1977 0.5%
1976 0.7%
1975 0.7%
1974 0.7%
1973 0.7%
1972 0.7%
1971 1%
1970 1%
1969 0.7%
1968 1%
1967 1%
1966 1.2%
1965 1.2%
1964 1.5%
1963 1.5%
United States Poverty Rate : Definition
Poverty Rate measures the percentage of people in United States living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Gini Index 41.8 points 41.7 points 2023
Happiness Index 6.72 points 6.72 points 2024
Homicide Rate 6.81 6.42 2021
Population 340.11M 336.81M 2024
Primary Enrollment Rate 96.97% 98.31% 2022