2025 E-Insights Report

Poverty Rate Based on Social Security Income

• The poverty rate based on Social Security Income in Tampa Bay has shown a steady
  decline from 11.8% in 2012 to 8.2% in 2023. Despite this improvement, its ranking has
  fluctuated, stabilizing at 15th in 2023. This indicates a gradual reduction in economic
  vulnerability among families relying on SSI, though the region remains mid-ranked
  among MSAs.
• In 2023 Minneapolis had the lowest poverty rate at 4.8%, reflecting a significantly lower
  economic dependency on governmental assistance. Houston, with a poverty rate of
  11.0%, faced the highest level of economic vulnerability among SSI-receiving families.

Trend Over Time

Competitive Position Trend

_{The indicator measures the percentage of families living below the poverty line, categorized by family type and whether the family receives Social Security Income, Supplemental Security Income, or cash public assistance. This data provides insight into economic vulnerabilities and dependency on governmental financial assistance among different family groups. Source: U.S. Census Bureau, Table B17015, American Community Survey.}