There are large racial disparities in poverty at older ages (65 and older)—likely reflecting differences in retirement preparedness and/or lifetime income disparities: Poverty rates for people ages 65 and older, by race and ethnicity, 1974–2023

Year All White Black Hispanic AIAN Asian
1974 14.6% 12.5% 34.3%
1975 15.3 13.0 36.3
1976 15.0 12.8 34.8 27.7%
1977 14.1 11.7 36.3 21.9
1978 14.0 11.8 33.9 23.2
1979 15.2 12.9 36.2 26.8
1980 15.7 13.2 38.1 30.8
1981 15.3 12.7 39.0 25.7
1982 14.6 12.0 38.2 26.6
1983 13.8 11.4 36.0 22.1
1984 12.4 10.3 31.7 21.5
1985 12.6 10.5 31.5 23.9
1986 12.4 10.3 31.0 22.5
1987 12.5 10.0 32.4 27.5 15.0%
1988 12.0 9.5 32.2 22.4 13.5
1989 11.4 9.2 30.7 20.6 24.7% 7.4
1990 12.2 9.6 33.8 22.5 25.0 12.1
1991 12.4 9.8 33.8 20.8 23.3 12.7
1992 12.9 10.5 33.5 22.1 24.6 10.8
1993 12.2 10.1 28.0 21.4 23.0 15.6
1994 11.7 9.6 27.4 22.6 21.3 13.0
1995 10.5 8.3 25.4 23.5 19.7 14.3
1996 10.8 8.6 25.3 24.4 22.1 9.7
1997 10.5 8.1 26.0 23.8 21.2 12.3
1998 10.5 8.2 26.4 21.0 17.6 12.4
1999 9.7 7.6 22.8 20.5 17.7 11.1
2000 9.9 7.9 21.8 20.9 20.8 9.3
2001 10.1 8.1 21.9 21.8 22.4 10.2
2002 10.4 8.3 23.8 21.4 22.0 8.4
2003 10.2 8.0 23.7 19.5 20.0 14.3
2004 9.8 7.5 23.8 18.4 20.2 13.5
2005 10.1 7.9 23.3 19.9 18.6 12.8
2006 9.4 7.0 22.7 19.4 21.6 12.0
2007 9.7 7.4 23.2 17.1 23.5 11.3
2008 9.7 7.6 20.0 19.3 23.2 12.1
2009 8.9 6.6 19.5 18.3 20.4 15.8
2010 8.9 6.8 17.9 18.0 18.0 14.4
2011 8.7 6.7 17.3 18.7 16.3 11.7
2012 9.1 6.8 18.2 20.6 16.9 12.3
2013 9.9 7.6 18.2 20.1 18.4 15.2
2014 10.0 7.8 19.2 18.1 20.1 14.7
2015 8.8 6.6 18.4 17.5 19.0 11.8
2016 9.3 7.1 18.7 17.4 19.3 11.8
2017 9.4 7.3 19.2 16.9 18.9 11.3
2018 9.7 7.3 18.9 19.5 19.0 11.7
2019 8.9 6.8 18.0 17.1 19.1 9.3
2020 8.9 6.8 17.2 16.6 18.4 11.4
2021 10.3 8.0 17.8 18.7 18.8 13.3
2022 10.2 8.2 17.6 16.9 16.6 12.9
2023 9.7 7.2 19.9 17.3 17.8 11.0
Created with Highcharts 4.0.39.7%7.2%19.9%17.3%17.8%11.0%AllWhiteBlackHispanicAIANAsian1/219751980198519901995200020052010201520202025025%50

Notes: AIAN refers to American Indian and Alaska Native. All race categories are single race and do not distinguish Hispanic ethnicity from non-Hispanic ethnicity, except for white, which is exclusive of Hispanic ethnicity (i.e., non-Hispanic white alone, Black alone, AIAN alone, and Asian alone).Hispanic can be of any race. AIAN data are 3-year pooled averages to account for sample size restrictions. Please see Appendix Table 1 for 1-year estimates.

Source: Economic Policy Institute analysis of U.S. Census Bureau Current Population Survey Poverty in the United States, Table A-3.

Source: Economic Policy Institute analysis of U.S. Census Bureau Current Population Survey–Annual Social and Economic Supplements 1959 to 2023. “Table A-3. Poverty Status of People by Age, Race, and Hispanic Origin: 1959 to 2023” (Excel table) from Poverty in the United States: 2023, September 2024.

View the underlying data on epi.org.