Fueled by spike in Atlantic City, NJ's poverty rate rising

(AP) - Census data released last week shows that nearly 1 million New Jersey residents currently fall under the federal government's poverty threshold.



Since the end of the Great Recession in 2009, New Jersey's poverty rate has increased approximately 2 percent to just less than 11 percent.



That figure, however, remains well below the national average of 15.47 percent. The federal poverty threshold stands at $11,880 annually for individuals and $24,300 for a family of four.



The poverty rate for Atlantic City, which has been beset by the recent state takeover, has skyrocketed from 23 percent to 37 percent. That means more than one in three city residents earn below federal poverty levels.



Seventy-five percent of households in Atlantic City combine to make less than $50,000 a year.



The Associated Press wire services helped contribute to this report.


sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."