Social Security benefits only replace 40% of pre-retirement income. In many states, earning the average benefit would put you very close to the federal poverty level. You should aim to have ...

Would it help poverty or hurt the perception of poverty to call a six-figure family “poor”? A recent example of a claim that extends well beyond the reach of economic experts is that “the actual ...

The following information was released by the United States Census Bureau: The U.S. Census Bureau today announced that real median household income was $83,730 in 2024, not statistically different ...

Some people think poverty is what results when employers exploit workers on the bottom of the labor market. Other people think poverty is what results when individuals behave in dysfunctional ways.

A record-high 581,000 Connecticut households, about 40%, couldn’t afford a basic “survival” budget in 2023, according to a new analysis from the United Way of Connecticut. And while more than 60% of ...