According to a 2015 U. S. Census Bureau report, what percentage of the U. S. population lives in poverty (defined as less than $24,300 per year for a family of four) ?

Question

Shaun Munoz

Business

20 June, 16:12

According to a 2015 U. S. Census Bureau report, what percentage of the U. S. population lives in poverty (defined as less than $24,300 per year for a family of four) ?

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Answers (1)

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Hawk · Answer 1

13.5%

Explanation:

During 2015, the poverty line for a single individual under 65 was $11,770 per year, and $23,400 for a family of four. Currently these thresholds have increased to $12,760 and $26,200 respectively (doesn't include Hawaii or Alaska). The official poverty levels (provided by the government) have dropped to 11.8%, and it has been dropping continuously since 2014 when it reached 14.8%. Also, for the first time in 11 years (before the Great Recession), the poverty level is lower than 2007 levels.