The official poverty rate has declined minimally since the late 1960s

One in seven Americans lives at or below the official federal poverty line. The rate is higher for blacks and Hispanics but has dropped appreciably for both groups since the early 1990s. However, the overall poverty rate has not changed much over this time period.

Individual poverty rate, by race

The official poverty rate has declined minimally since the late 1960s

Source: U.S. Census Bureau, Current Population Survey, 2012.