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Graph of global population living on under 1, 1.25 and 2 equivalent of 2005 US dollars daily (red) and as a proportion of world population (blue) based on 1981–2008 World Bank data [needs update] Poverty thresholds for 2013. The poverty threshold, poverty limit, poverty line, or breadline [1] is the minimum level of income deemed adequate in ...
Each nation has its own threshold for absolute poverty line; in the United States, for example, the absolute poverty line was US$15.15 per day in 2010 (US$22,000 per year for a family of four), [22] while in India it was US$1.0 per day [23] and in China the absolute poverty line was US$0.55 per day, each on PPP basis in 2010. [24]
The United States, in contrast, uses an absolute poverty measure. The US poverty line was created in 1963–64 and was based on the dollar costs of the U.S. Department of Agriculture's "economy food plan" multiplied by a factor of three. The multiplier was based on research showing that food costs then accounted for about one-third of money income.
Apart from minor changes in 1981 that changed the number of thresholds from 124 to 48, [45] poverty thresholds have remained static for the past fifty years despite criticism that the thresholds may not be completely accurate. Although the poverty thresholds assumes that the average household of three spends one-third of its budget on food ...
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...
There are 48 possible poverty thresholds that a family can be assigned to, which vary based on the family size and the age of its members. If a family's total income before taxes is below the poverty threshold, that family is in poverty, and all members of that family have the same poverty status. The same applies for a single individual.
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.
Between 1989 and 2019, 19.4 million people lived in areas of persistent poverty, according to a new report by the US Census Bureau. ... Typically, those below the poverty threshold are able to ...