How much income is considered poor in the USA?

Tuesday, February 12, 2019
Rich and poor gap wider, credit to Elisabeth Mutschlechner

          Per capita income is measured by dividing Gross Domestic Product (GDP) by total population for specific period in a country. The period should be yearly. USA per capita income is considered higher in the world.
          Based on International Monetary Fund (IMF) reported in 2018, USA ranked 9th in the world in term of nominal GDP per capita. Top 10 countries with average income in US$ are following:
1. Luxembourg (US$ 120 thousands)
2. Switzerland (US$ 87 thousands)
3. Iceland (US$ 85 thousands)
4. Macao SAR (US$ 84 thousands)
5. Norway (US$ 83 thousands)
6. Ireland (US$ 81 thousands)
7. Qatar (US$ 66 thousands)
8. Denmark (US$ 64 thousands)
9. USA (US$ 62 thousands)
10. Singapore (US$ 61 thousands)

          Now, back to the question: How much income is considered poor in the USA? The Department of Health and Human Services (HHS) determine poverty line for two categories in 2019, they are individual and household.
          Person be included as poor if his or her income below US$ 12,490 per year, and US$ 25,750 of annual income for household of four (mom, dad and two children) is considered under poverty line.
          Since cost of living is varies between one state to another state, then each state has own poverty line. The state of Alaska poverty line for individual is US$ 15,600 and US$ 14,380 for Hawaii. In term of household, New York has poverty line of US$ 29,016 for household of four, higher than national average. Mississippi has lower poverty line for household of four which is US$ 21,686.

How much annual income to be considered poor in your country or state?

35 comments:

  1. Very interesting, I don't know about my country, Spain.. But it's much lower than in the USA for sure.
    I'm following you too :)
    xx

    ReplyDelete
    Replies
    1. thank you for your comments on:
      How much income is considered poor in the USA?
      @
      Rich and poor gap wider, credit to Elisabeth Mutschlechner

      Delete
    2. How, much income is considered poor in the USA?

      Based on International Monetary Fund (IMF) reported in 2018, USA ranked 9th in the world in term of nominal GDP per capita. Top 10 countries with average income in US$ are following:

      Delete
  2. You have a very interesting blog. Thank you for visiting.

    ReplyDelete
    Replies
    1. thank you for your comments on:
      How much income is considered poor in the USA?
      @
      Per capita income is measured by dividing Gross Domestic Product (GDP) by total population for specific period in a country

      Delete
  3. Replies
    1. thank you for your comments on:
      How, much income is considered poor in the USA?
      @
      The period should be yearly.

      Delete
  4. This is so interesting. I suppose it depends on the standard of living expected?

    ReplyDelete
    Replies
    1. thank you for your comments on:
      How, much income is considered poor in the USA?
      @
      USA per capita income is considered higher in the world.

      Delete
  5. Replies
    1. thank you for your comments on:
      How, much, income is considered poor in the USA?
      @
      Based on International Monetary Fund (IMF) reported in 2018, USA ranked 9th in the world in term of nominal GDP per capita.

      Delete
  6. An interesting read. With the Brexit shambles that is laughable, there's going to be plenty more poorer people here in the UK.

    ReplyDelete
    Replies
    1. thank you for your comments on:
      How, much, income, is considered poor in the USA?
      @
      Top 10 countries with average income in US$ are following:

      Delete
  7. We in the UK will be better of morally and financially when we leave the corrupt EU Socialist superstate.

    ReplyDelete
    Replies
    1. thank you for your comments on:
      How, much, income, is, considered poor in the USA?
      @
      1. Luxembourg (US$ 120 thousands)

      2. Switzerland (US$ 87 thousands)

      3. Iceland (US$ 85 thousands)

      4. Macao SAR (US$ 84 thousands)

      5. Norway (US$ 83 thousands)

      6. Ireland (US$ 81 thousands)

      7. Qatar (US$ 66 thousands)

      8. Denmark (US$ 64 thousands)

      9. USA (US$ 62 thousands)

      10. Singapore (US$ 61 thousands)

      Delete
  8. I'm not sure. As long as I can buy beer, I suppose I'm all right.
    I have simple needs.

    ReplyDelete
    Replies
    1. thank you for your comments on:
      How, much, income, is, considered, poor in the USA?
      @
      Now, back to the question: How much income is considered poor in the USA?

      Delete
  9. Replies
    1. thank you for your comments on:
      How, much, income, is, considered, poor, in the USA?
      @
      The Department of Health and Human Services (HHS) determine poverty line for two categories in 2019, they are individual and household.

      Delete
  10. Interesting to see the figures for what is considered poor in the United States.

    ReplyDelete
    Replies
    1. thank you for your comments on:
      How, much, income, is, considered, poor, in, the USA?
      @
      Person be included as poor if his or her income below US$ 12,490 per year, and US$ 25,750 of annual income for household of four (mom, dad and two children) is considered under poverty line.

      Delete
  11. Nice info mas. Indonesia pastinya jauh dari itu hehehe

    ReplyDelete
    Replies
    1. kita mencapai angkanya...yang lain terus meningkat

      thank you for your comments on:
      How, much, income, is, considered, poor, in, the USA?
      @
      Since cost of living is varies between one state to another state, then each state has own poverty line.

      Delete
  12. in the USA everything continues to go up in price, food has increased 25 percent since 1995; just read in paper that electric fee (which is not based on electric use) in my area will go up $40 per month; car and house insurance up; all a poor person can do is barely cover necessities nowadays, I don't think the poverty rate has increased commensurate with expenses.

    ReplyDelete
    Replies
    1. thank you for additional info. I agree with you.

      thank you for your comments on:
      How, much, income, is, considered, poor, in, the, USA?
      @
      The state of Alaska poverty line for individual is US$ 15,600 and US$ 14,380 for Hawaii.

      Delete
  13. Poor in USA become rich when compare to Indonesia

    ReplyDelete
    Replies
    1. yes, you are....

      thank you for your comments on:
      How much income is considered poor in the USA?
      @
      In term of household, New York has poverty line of US$ 29,016 for household of four, higher than national average

      Delete
  14. In Canada we call it the low-income measure, or LIM. It runs around $25,500 for a single person. It's difficult to compare it to other countries, though, what with the difference in the dollar, and the cost of living in cities vs. rural living. Our minimum wage is $14 in Ontario.

    ReplyDelete
    Replies
    1. thank you for additional useful info...

      thank you for your comments on:
      How much income is considered poor in the USA?
      @
      Mississippi has lower poverty line for household of four which is US$ 21,686.

      Delete
  15. Our minimum wage is $2.78 and our dollar is half of USD. So you can imagine what is our life compared.

    ReplyDelete
    Replies
    1. thank you for useful info...

      thank you for your comments on:
      How much income is considered poor in the USA?
      @
      How much annual income to be considered poor in your country or state?

      Delete
  16. It drives me crazy when people can't feel empathy for those in poverty.

    ReplyDelete
    Replies
    1. thank you for your comments on:
      How much income is considered poor in the USA?
      @
      Rich and poor gap wider, credit to Elisabeth Mutschlechner

      Delete
  17. great post...
    have a nice day...
    Dilek...

    ReplyDelete
    Replies
    1. thank you for your comments on:
      How much income is considered poor in the USA?
      @
      Per capita income is measured by dividing Gross Domestic Product (GDP) by total population for specific period in a country.

      Delete