The U.S. Census Bureau held an online news conference to announce the findings of three reports estimating income, poverty and health insurance coverage in the United States.
In this fact sheet, we explore the CPS ASEC as a source of U.S. Census Bureau income, poverty, and health insurance coverage data released in September.
Census money income is defined as income received on a regular basis before payments for taxes, social security, etc. and does not reflect noncash benefits.
If a family's total income is less than the official poverty threshold for a family of that size and composition, then they are considered to be in poverty.