11/23/2024

Study: 28% of CA Elderly Impoverished

In 2012, after many years of being urged to develop more sophisticated measures of wealth and prosperity, the U.S. Census Bureau began issuing an annual 50-state review of poverty that incorporated cost of living. California shot from the middle of the pack to being to by far the biggest center of poverty in America, with more than 23 percent of residents struggling to pay for basic expenses.

Now a new UCLA study finds that of the 4 million adults in California who are 65 or older, 1.11 million struggle to make ends meet — an effective poverty rate of 28 percent. That’s more than triple the number of California elderly who were considered impoverished under standard federal measures. This is from the KPCC/PBS report:

View Article