The third major economic indicator that was examined in The Adirondack Park and Rural America: Economic and Population Trends 1970-2010 was changes in the poverty rate. In 2010, a family of four with an annual income of $22,050 or less was considered to be living in poverty. The poverty rate of a region is a key indicator of overall economic health.
From 1970 to 2010, the overall poverty rate rose significantly in New York State from 8.0% to 14.9%. Across the U.S., the poverty rate rose from 10.4% to 14.9%. All Americans should be alarmed about the increase in poverty rates across the country in 2010 and about the state of a country where almost one out of every six people lives in poverty.