CNHI News Service
August 24, 2006 11:14 am
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Numbers
4.5 million: U.S. children in grandparent homes.
$725: Estimated average monthly cost to raise a child.
$20,000: Average annual poverty level income in U.S.
$4.5 billion: Estimated annual added foster care cost if grandchildren entered system.
57: Average age of grandparent as parent.
20: Percentage of grandparents raising grandchildren in poverty.
47: Percentage of grandparents raising grandchildren, who are white.
29: Percentage of grandparents raising grandchildren, who are African-American.
17: Percentage of grandparents raising grandchildren, who are Hispanic.
7: Percentage of grandparents raising children, who are Asian, American Indian or from another ethnic group.
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