More Than Half of New Yorkers Living in Poverty, Classified as Low-Income: Report

More than 50 percent of New York City residents either live in poverty or are low-income and likely face challenges in covering basic living costs, a new report from the city’s largest anti-poverty organization Robin Hood has found. The number of people living in poverty across the city grew from 1.5 million to 2 million between 2021 and 2022, according to the non-profit’s annual Poverty Tracker report released on Feb. 21. This number includes nearly 420,000 children who are living in poverty, it noted, which translates to roughly a quarter of all children in the Big Apple. In 2021, researchers found that 260,000 children lived in poverty—meaning the child poverty rate saw a 66 percent increase in a single year, rising from 15 percent to 25 percent. This puts the city well above the U.S. Census Bureau’s national rate of 16.3 percent....