A Statehouse Report news analysis | South Carolina experienced a 1.4 percent decrease in poverty between 2014 and 2015 — the third sharpest decline in the country according to new Census figures — but analysts seem to agree the reasons for the drop aren’t really clear.
New figures show an estimated 16.6 percent of South Carolinians — some 790,715 residents — lived in poverty in 2015. That’s 53,145 fewer people who lived in dire circumstances than the year before.
Meanwhile, another new Census report highlights household incomes across the country grew 5.2 percent last year, the largest single-year increase since 1967 when the agency started keeping records. Nationally, the median household income was $56,500.