What is the North Dakota Poverty Level?
In 2023, approximately 9.8 percent of North Dakota's population lived below the poverty line. This figure represents a notable improvement, indicating a significant decrease from the previous year.
Understanding North Dakota's Poverty Rate
When discussing the "poverty level" of a state like North Dakota, it commonly refers to the poverty rate, which is the percentage of the population whose income falls below federally defined poverty thresholds. These thresholds are set by the U.S. government and vary based on family size and composition.
North Dakota has demonstrated a positive trend in reducing its poverty rate, signaling improved economic conditions for its residents.
Key Trends in North Dakota's Poverty Rate
Year | Poverty Rate (Percentage of Population) | Change from Previous Year |
---|---|---|
2023 | 9.8% | ↓ 1.7 percentage points |
2022 | 11.5% | N/A |
As the table illustrates, the poverty rate in North Dakota experienced a significant decline from 11.5 percent in 2022 to 9.8 percent in 2023. This reduction of 1.7 percentage points indicates a positive shift, with a greater proportion of North Dakota residents achieving incomes above the poverty threshold. A lower poverty rate suggests that fewer individuals and families are experiencing economic hardship within the state.