Despite strong economic growth, the official poverty rate remains high. According to official poverty statistics, 16.4% of Californians lacked enough resources—about $24,000 per year for a family of four—to meet basic needs in 2014. The rate has declined a little from 16.8% in 2013, but it is well above the recent low of 12.4% reached in 2007. Moreover, the official poverty line does not account for California’s housing costs—or other key family needs and resources.
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