The Census Bureau released poverty data last month, and we’ve put together some charts on poverty rates among young adults, both at age 18-24 and 25-34.
The poverty rate for young adults aged 18-24 in 2012 was 20.4%. For those aged 25-34 it was 15.9%. That’s basically unchanged from three years ago. Then (in 2009), 20.7% of those 18-24 were poor and 15% of those 25-34 were struggling in poverty.
Some 2012 highlights:
Women are more often in poverty than men–a truth for all ages.
Those with the least education at age 25-34 have 7 times higher poverty rates than those with four-year degrees. The risk is more than double at age 18-24.
Blacks have the highest poverty rates, followed by Hispanics.
By age 25-34, Asians are the least likely to be in poverty among all racial-ethnic groups including whites.
The risk of poverty falls with age, except for black and Hispanic women and for those with less than a high school degree.
