Wyoming Reports Lower Poverty Rate, Higher Income

By Associated Press – 18 Sept ’14

Wyoming is among the states seeing a decrease in the poverty rate.

New figures from the U.S. Census Bureau state that the nationwide poverty rate remained essentially unchanged in 2013 compared to the year, remaining fixed at just under 16 percent.

Meanwhile, the figures show just under 11 percent of Wyoming residents were living in poverty in 2013, down from 12.6 percent the year before.

Wyoming also is ahead of the nation in growth of household income.

Federal figures show household income climbed by 5.7 percent from 2012 to 2013 in Wyoming, compared to a less than 1 percent rise nationwide.

Median income for Wyoming families was $58,750 in 2013, compared to the national median of household income of $52,250.

Wyoming Reports Lower Poverty Rate, Higher Income