Philadelphia’s poverty rate is the lowest it has been in nearly two decades — but vast disparities exist between racial groups, with communities of color bearing the brunt of the city’s economic struggle.
That’s according to new data for 2022 released Thursday by the U.S. Census Bureau, part of an annual trove of estimates detailing social, demographic, economic, and housing trends for the nation’s large counties and cities.Taken together, the findings show a mixed economic picture for a city that has long been dogged by a stubbornly high poverty rate that many experts consider to be central to other challenges, including crime, housing insecurity, and educational attainment.
The median household income in Philadelphia has also climbed steadily since the Great Recession. The estimate for 2022 was $56,500, a 7% increase from 2021 and 15% higher than the inflation-adjusted median income in 2005. He said some of the improvement in the poverty rate can be attributed to pandemic-era support from the federal government that is not likely to continue to the same degree, “a cautionary note” for the city.
The gap between Philadelphia and Houston is well within each city’s margin of error , meaning that the poverty rates in Philadelphia and Houston could be considered statistically tied. “We have to stop demonizing poor folk,” he said, “and start looking at the ways that laws and policies have created an underclass in Philadelphia for a very long time.”City Council President Darrell L.
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