California is leading the nation when it comes to people living near poverty.

The Census Bureau says over the last few years the state has averaged nearly 2 million residents living along the poverty line.

The Bureau tabs that national rate of those near-poverty at 4.7 percent, or 14.6 million people.

California's decades-old poverty formula doesn't take the cost of living into account.

When you do, about a quarter of the state's residents qualify as poor or nearly-poor.