US Poverty Line ~ $17,000
- Poverty in the United States refers to the condition of people whose annual family income is less than a “poverty line” set by the U.S. government.
- The poverty line is set at approximately three times the annual cost of a nutritionally adequate diet.
- It varies by family size and is updated yearly to reflect changes in the consumer price index.
- Currently roughly thirteen percent of the US population fall below the federal poverty threshold.
- The official poverty rate in the U.S. has increased for four consecutive years, from a 26-year low of 11.3% in 2000 to 12.7% in 2004.
- 37.0 million People were below the official poverty thresholds in 2004. This is 5.4 million more than in 2000.
- Relative poverty: Defined as having significantly less access to income and wealth than other members of society.
- In 1999, the income of a family at the poverty line was $17,020. This was 28.49% of the median income in the U.S.
- In 1959 a family at the poverty line had an income that was 42.64% of the median income.
The current poverty rate:
| Persons in Family Unit | 48 Contiguous States and D.C. | Alaska |
Hawaii |
| 1 | $9,800 | $12,250 | $11,270 |
| 2 | $13,200 | $16,500 | $15,180 |
| 3 | $16,600 | $20,750 | $19,090 |
| 4 | $20,000 | $25,000 | $23,000 |
| 5 | $23,400 | $29,250 | $26,910 |
| For each additional person, add | $3,400 | $4,250 | $3,910 |
September 1, 2006 at 12:30 pm
…could this have anything to do with the fact that minimum wage hasn’t been raised for so many years? If people can’t make enough money to survive, even with a full-time job, of course the poverty rate will increase!!
Just my two cents!
Great site, by the way.