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According to the U.S. Census Bureau, the agency in charge of measuring poverty, the poverty threshold for a family of four in Texas is $29,950, or $14,880 for an individual before taxes.
Poverty Rate based on Household Income, 2005 . State Health Facts. December 14, 2007. Geographic Adjustments of Supplemental Poverty Measure Thresholds: Using the American Community Survey Five-Year Data on Housing Costs Accessed November 27, 2012. The Research Supplemental Poverty Measure Accessed June 5, 2014.
Income inequality was the largest driver of the change in the poverty rate, with economic growth, family structure, education and race other important factors. [131] [132] An estimated 11.8% of Americans lived in poverty in 2018, [133] versus 16% in 2012 and 26% in 1967. [134]
The poverty rate, however, is low in some low tax countries like Switzerland. A comparison of poverty rates between states reveals that some low tax states have low poverty rates. For example, New Hampshire has the lowest poverty rate of any state in the U. S., and has very low taxes (46th among all states).
For example, a low-income state like Mississippi — where the median income for an individual is the lowest in the country at $47,446 — also has the highest rate of persistent poverty at 24.4% ...
The idea of the poverty line dates back to 1963, when Mollie Orshansky, a statistician for the Social Security Administration, developed a method to measure how many families were unable to afford...
As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions." [11] "National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates ...
Here is the November 2023 gross monthly income limit for U.S. households at 130% of the poverty level for the 48 states and D.C., Alaska, Hawaii, Guam and the U.S. Virgin Islands: ...