- Associated Press - Monday, September 21, 2015

FRANKFORT, Ky. (AP) - The average yearly incomes of African-Americans in Kentucky dropped by more than 11 percent in one year, according to data released by the U.S. Census Bureau.

While the state’s overall median household income fell by about 2 percent from $44,097 to $42,958 in 2014, African-Americans in Kentucky saw larger drops from $30,183 to $26,735 annually, the Courier-Journal (https://cjky.it/1L0s1lr) reports.

“Lower incomes make it harder to save and build wealth,” said Sadiqa Reynolds, incoming president and CEO of the Louisville Urban League.

Reynolds added that the data reveals a need to create policies that will end poverty cycles and that the data will be useful when she takes the reins of the Urban League next month.

“I won’t speak for elected officials and their commitment to eliminating income disparities. However, the consequences are serious,” she said.

The poverty rate for black Kentuckians also rose from 28.8 percent to 32.4 percent from 2013 to 2014, while the state’s overall poverty rate remained statistically unchanged at 19.1 percent during the same time period.

Jason Bailey, executive director of the Kentucky Center for Economic Policy, which compiled the information, said the state’s overall poverty rate has not recovered compared to what it was before the national economic recession.

In 2007, the state’s overall poverty rate was below 17.3 percent.


Information from: The Courier-Journal, https://www.courier-journal.com

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