Search results
Results from the WOW.Com Content Network
For statistical purposes (e.g., counting the poor population), the United States Census Bureau uses a set of annual income levels, the poverty thresholds, slightly different from the federal poverty guidelines. As with the poverty guidelines, they represent a federal government estimate of the point below which a household of a given size has ...
The poverty thresholds used by the US government were originally developed during the Johnson administration's War on Poverty initiative in the early 1960s. [ 58 ] [ 59 ] The thresholds were based on the cost of a food basket at the time, multiplied by three, under the assumption that the average family spent one-third of its income on food.
This structure keeps statistical work in close proximity to the various cabinet-level departments that use the information. [3] In addition, three other statistical units of government agencies are recognized by the OMB as having statistical work as part of their mission. As of fiscal year 2013 (FY13), the 13 principal statistical agencies have ...
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]
Based on the survival budget, ALICE researchers also calculated the minimum average household income needed to afford basic costs. Like the budget, this figure varies by U.S. county.
The Supplemental Poverty Measure (SPM), which takes into account all government aid, fell to 9.1% in 2020 — a record low — from 11.8% in 2019, according to the Census Bureau.
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.
U.S. Poverty Trends. Poverty and health are intertwined in the United States. [1] As of 2019, 10.5% of Americans were considered in poverty, according to the U.S. Government's official poverty measure. People who are beneath and at the poverty line have different health risks than citizens above it, as well as different health outcomes.