Poverty at 15.1%; its highest level since 1993

A typical U.S. family got poorer during the past 10 years in the first decade-long income decline in at least a half-century, new federal data show. 

Median household income fell 2.3% to $49,445 last year and has dropped 7% since 2000 after adjusting for inflation, the Census Bureau said Tuesday. Income was the lowest since 1996. Poverty rose, too.

The share of people living in poverty hit 15.1%, the highest level since 1993, and 2.6 million more people moved into poverty, the most since Census began keeping track in 1959.
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