13.4% of Americans in the country live below the poverty line.
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More than 60% of people in the United States will spend at least a year of their life in povertyaccording to a recent analysis conducted at the University of Washington.
Since COVID-19 hit the United States in early 2020, the financial situation of millions of Americans has worsened, even as the richest in the country increased their fortunes by billions of dollars.
Based on five-year figures ending in 2019, the most recent year for available data, 13.4% of Americans live below the federal poverty lineBut poverty is not evenly distributed across the country, and in several American cities the poverty rate is less than half this number.
To determine the city with the least poor in the country, the 24/7 Wall St. finance portal reviewed five-year estimates of the percentage of people living below the poverty line from the 2019 American Community Survey. US Census Bureau
The cities with the lowest levels of poverty are the following:
5 – Cottage Grove, Minnesota
The poverty rate in Cottage Grove is 2.3% and the number of people living below the poverty line is 825, while in the entire state of Minnesota there are 526,065. The median household income in this city is $ 102,039.
4 – Bel Air North, Maryland
The poverty rate in Bel Air North is 2.6%. The number of people living in poverty here is 819. The median household income is $ 107,689.
3 – Upper Arlington, Ohio
This city has a poverty rate of only 2.3%. The number of people living below the poverty line here is 811, while in the rest of the state there are 1,588.34 people. The median household income is $ 123,548.
2 – Keystone, Florida
Here, the poverty rate is 3%, while throughout Florida it is 14%. The number of people living below the poverty line in Keystone is 755. The median household income on this site is $ 116,626.
1 – Forest Hills, Michigan
The poverty rate is 2.8%, while statewide it is 14.4%. The number of people living below the poverty line is 781. The median income is $ 119,404 a year.
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