By some measures, California is the wealthiest state in the country. But new Census data released Tuesday shows the state continuing to lead the nation in poverty. When the state’s high cost of living is taken into consideration, 18.2% of Californians live in poverty.
California may have a booming tech industry, an economy larger than the United Kingdom’s and more billionaires than any other state. But soaring rents and stagnant wages for low-income workers continue to keep California's poverty rate high.