Business
27.4 Percent Of African-Americans Under The Poverty Line
Wednesday, September 14, 2011
The number of African-Americans living under the poverty line, which is $11,139 for an individual in 2010, rose to 10.7 million, up 1.6 percent. In all, 27.4 percent of African-Americans were living in poverty.
The news is a sad indicator particularly for the state of black financial health, revealing that blacks have the highest rate of poverty and the lowest median income.