A new study by State Comptroller Thomas P. DiNapoli's office found that nearly 14% of New Yorkers lived in poverty last year.
“While economic hardships existed long before the pandemic, it deepened the financial stress experienced by many households,” DiNapoli said. “We saw what a large and broad federal response achieved, as the country made historic progress in the fight against poverty. Continued federal resources, along with a greater equity in state services, can help improve the lives of New Yorkers struggling to make ends meet.
This report found that poverty rates were more than double for Hispanic New Yorkers compared to white, non-Hispanics. Black, Native Hawaiian and other Pacific Islanders, with one fifth of Hispanic New Yorkers being below the poverty level in 2021. American Indian New Yorkers experienced poverty at twice the rate of white New Yorkers, while poverty rates for Black and Asian New Yorkers were down three percentage points last year compared to 2010.
The report also found that poverty rates in New York were much higher for children than it was for adults. In 2021, 18.5% of the population under the age of 18 were below the poverty line. The report noted that while poverty rates in children declined by around 21% in 2010, poverty rates increased for seniors while decreasing for all others between 2010 and 2021.
The report showed that alternative measures of poverty show greater numbers of households in need. The Census Bureau one-third of all households surveyed during the pandemic reported at least some difficulty in August 2020 in paying household expenses, with this share increasing over the next three months to 40% and remaining elevated through mid-March 2021. These difficulties started increasing again by September 2021 and continued to rise through 2022, with that rate reaching 47.
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