Zip code with the lowest poverty rate of any state – 24/7 Wall St.
The COVID-19 pandemic sent the US unemployment rate to 14.8% in April 2020, its summitheest level ifsince the Great Depression. Normally, such an economic shock would lead to an increase in the national poverty rate. However, a large increase is likely to be mitigated by the three sets of stimulatewe pay.
In 2019, the most recent year with an official poverty rate published by the American Community Survey of the US Census Bureau, 13.4% of the American population lived below the poverty line.
Of course, the poverty rate varies widely across the country, and there is at least one city in every state where poverty was virtually non-existent.
Using ACS’s five-year estimates from the 2019 census, 24/7 Wall St. identified the zip code with the lowest poverty rate in each state.
The poverty line is based on income, and in most countries a person with an annual income of less than $ 12.880, or a family of four earning less than $ 26,500, is considered to be living in poverty. Not surprisingly, in almost all of the zip codes on this list, the median household income is higher than it is in the state as a whole. Here’s a look at the richest city in each state.
Click here to view the zip code with the lowest poverty rate in each state
Click here to see our detailed methodology