"The Poverty Tracker report found that the poverty rate in New York City has increased for the third year in a row - with a record high 2.2 million New Yorkers living in poverty making up 26 percent of the population."
"SNAP benefits lift about 1 in 10 recipients in New York City above the poverty line but more than 60 percent of recipients run out of food before the end of the month."
"Asian and Latino New Yorkers were more than twice as likely to live in poverty in 2024 than white New Yorkers (30% and 33% vs. 14%), according to the report."
"According to the report, due to federal cuts, about 70,000 people each year are expected to slip into poverty in the city."
In 2024, over 2.2 million New Yorkers lived in poverty, representing 26% of the population. This marks the third consecutive year of rising poverty rates, which are double the national average of 13%. More than half of residents struggled to afford basic necessities. While SNAP benefits help some, over 60% of recipients run out of food monthly. Poverty disproportionately affects Asian, Latino, and Black communities. Federal cuts are expected to push an additional 70,000 people into poverty annually, with the Bronx having the highest rates, including nearly 450,000 children.
Read at New York City, NY Patch
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