...who earns $10,294 or less as being poor and thus by inference those making $10,285 or more as NOT poor. It is also interesting that this level works out to be what a person makes at $5.15 per hour working 40 hours per week without any paid vacation time.
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FOR IMMEDIATE RELEASE
TUESDAY, AUG. 28, 2007, 10:10 A.M. EDT
Public Information Office
Household Income Rises, Poverty Rate Declines,
Number of Uninsured Up
Poverty OverviewAbout 9.8 percent (7.7 million) of the nation’s families were in poverty in 2006. Married-couple families had a poverty rate of 4.9 percent (2.9 million), compared with 28.3 percent (4.1 million) for female-householder, no-husband-present families and 13.2 percent (671,000) for those with a male householder and no wife present. The poverty rate for these types of families in poverty showed no statistically significant change between 2005 and 2006.
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 2006 was $20,614; for a family of three, $16,079; for a family of two, $13,167; and for unrelated individuals, $10,294.
<MORE>
http://www.census.gov/Press-Release/www/releases/archives/income_wealth/010583.html