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For a fourth year, Michiganders see incomes rise

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American families finally earn more than they did in 1999

"There's a danger that this is as good as it gets", said Peter Atwater, president of Financial Insyghts. "Our research has shown that consumption-based poverty is more highly associated with other measures of family deprivation".

New figures from the U.S. Census Bureau show California has the country's highest poverty rate, with almost one in five residents facing economic hardship when factoring in living costs such as housing. Black households saw their median income rise almost 6 percent, and Hispanic households more than 4 percent - both better than the national average.

- The median total income of Canadian households reached $70,336 in 2015, a 10.8 per cent increase from $63,457 in 2005. Since 1967, however, incomes for those in the top five percent nearly doubled, while the median income has risen by less than one third.

The report also examined income and poverty for the country's 25 most populous metropolitan areas. Expansion states had an average uninsured rate of 6.5%, while the average rate in non-expansion states was 11.7%.

The poverty threshold for a family of four is $24,339.

The nation's official poverty rate in 2016 was 12.7 percent, 40.6 million in poverty - 2.5 million less than in 2015. More than 1.6 million people in IL, and almost 1.2 million in the Chicago metro area, lived below the poverty line past year, many of them children, and minorities continued to fare markedly worse than whites.

National poverty rates are among their highest in storm-swept Texas and Florida.

. The 2016 figure is not statistically different than the 2007 rate, the bureau said. Nonfamily household's medium income was $35,761, which was an increase of 4.5 percent.

Experts said California's higher supplemental rate reflects the impact of higher housing prices and other costs. "There are a lot of people working full time but are still poor".

The percentage of people without health insurance coverage for the entire 2016 calendar year was 8.8 percent, down from 9.1 percent in 2015, the Census Bureau says. The Census Bureau noted that the 0.8-point drop from 2015 to 2016 was the second consecutive annual decline in poverty. A related but separate national-level survey - which also found income gains and poverty falling - was released Tuesday. The number of people without health insurance declined to 28.1 million from 29.0 million over the period. But at the moment it's a three-year trend that takes us back to a historical norm. The combined increase over the past two years is the biggest such rise since the 1960s.

Multiple agencies, including the Community Improvement Corporation and the Clark County Land Bank, are working to bring more jobs and retail to the community, he said.

"The longest expansion in US history was in the 90s", when there was a decade of growth.

The numbers reflect one of the longest economic expansions in U.S. history, with more than six years of steady job growth. "Doesn't guarantee a recession in the next two years".

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