Poverty gap for Black and Latino senior citizens grew over last decade
“The poverty rate for Black seniors dropped from 21.4 percent to 16.3 percent over the last decade, while the poverty rate for Latino seniors dropped slightly from 20.9 percent to 19.9 percent, according to the Census Bureau’s 2010 and 2020 five-year American Community Survey. For comparison, the poverty rate for white seniors declined from 11.7 percent in 2010 to 6.7 percent in 2020 during that same period.
Put another way: Black seniors are now more than twice as likely to live in poverty as white seniors. Latino seniors are now nearly three times as likely as white seniors to live in poverty as well.”