Child poverty in the United States more than doubled and median household income declined last year when coronavirus pandemic-era government benefits expired and inflation kept rising.
As a result, the supplemental poverty measure rate for children jumped 7.2 percentage points to 12.4% in 2022, according to the Census Bureau.
In a statement, President Joe Biden blamed congressional Republicans for failing to extend the enhanced child tax credit and vowed to restore it.The median household income in 2022 was $74,580, a decline of 2.3% from 2021. Asian Americans had the highest median household income, at almost $109,000, while Black Americans had the lowest, at about $53,000.
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