U.S. Poverty

Source: U.S. Census Bureau for 07'

Thresholds

As defined by the Office of Management and Budget and updated for inflation using the Consumer Price Index, the weighted average poverty threshold for a family of four in 2007 was $21,203; for a family of three, $16,530; for a family of two, $13,540; and for unrelated individuals, $10,590.Earnings

In 2007, the ratio of earnings of women who worked full time, year-round was 78 percent of that for corresponding men. The real median earnings of men who worked full time, year-round climbed between 2006 and 2007, from $43,460 to $45,113. For women, the corresponding increase was from $33,437 to $35,102. These increases in earnings follow three years of annual decline in real earnings for both men and women.

 

Overview

In 2007, the family poverty rate and the number of families in poverty were 9.8 percent and 7.6 million, respectively, both statistically unchanged from 2006. Furthermore, the poverty rate and the number in poverty showed no statistical change between 2006 and 2007 for the different types of families. Married-couple families had a poverty rate of 4.9 percent (2.8 million), compared with 28.3 percent (4.1 million) for female-householder, no-husband-present families and 13.6 percent (696,000) for those with a male householder and no wife present. Thresholds

As defined by the Office of Management and Budget and updated for inflation using the Consumer Price Index, the weighted average poverty threshold for a family of four in 2007 was $21,203; for a family of three, $16,530; for a family of two, $13,540; and for unrelated individuals, $10,590.