Louisiana has the highest poverty rate. The term ´poverty threshold´is used to refer to the dollar amount that a household needs to meet its needs. Any individuals or families whose pretax income falls below this dollar amount are considered to be ´poor´in the technical sense of the word. As of 2014, the poverty threshold for an individual under 65 years of age was 12,316 USD.
http://www.worldatlas.com/articles/us-poverty-rate-by-state.html
The current poverty level – that is, the specific dollar amount – is based on outdated assumptions about family expenditures. Food now comprises only one-seventh of an average family’s expenses, while the costs of housing, child care, health care, and transportation have grown disproportionately.
http://www.nccp.org/publications/pub_825.html
Thus, the poverty level does not reflect the true cost of supporting a family. In addition, the current poverty measure is a national standard that does not adjust for the substantial variation in the cost of living from state to state and between urban and rural areas.
http://www.nccp.org/publications/pub_825.html
Federal Poverty Level Chart. For 2017, the Federal poverty guideline is an annual income of $24,600 for a family of four. That guideline is the most commonly used statistic. Add $4,180 for each additional person to compute the Federal poverty level for larger families. Subtract $4,180 per person to calculate it for smaller families.
https://www.thebalance.com/federal-poverty-level-definition-guidelines-chart-3305843
Quick Answer. As of 2014, the poverty-level income for one person in the United States is $11,670. For each additional person in the household, the income goes up $4,060. In Alaska, the poverty-level income for one person is $14,580, and in Hawaii it is $13,420. Keep Learning.
https://www.reference.com/world-view/considered-poverty-level-income-de7c4bf5ef514f03
The median household income in the U.S. is $56,500 according to the most recent government data. Approximately half of all Americans will fall below this household income amount, and the other half will fall above.
http://www.investopedia.com/financial-edge/0912/which-income-class-are-you.aspx
The current poverty measure is flawed in two ways. 1  The current poverty level – that is, the specific dollar amount – is based on outdated assumptions about family expenditures. 2  The method used to determine whether a family is poor does not accurately count family resources.
http://www.nccp.org/publications/pub_825.html
At the top of the income classes is the upper class. There is no single definition of whom this includes. Many think of the upper class in terms of the 1%. To be in the richest 1% nationally, a household needs to have the annual income of at least $389,436, according to the Economic Policy Institute.
http://www.investopedia.com/financial-edge/0912/which-income-class-are-you.aspx
To see where you fit in, use the Pew calculator to make your household’s income equivalent to that of a three-person household (the whole number nearest to the average size of a U.S. household, which was 2.5 in 2014). President Trump is right: The middle class is shrinking.
http://www.investopedia.com/financial-edge/0912/which-income-class-are-you.aspx
Graph of global population living on under 1, 1.25 and 2 equivalent of 2005 US dollars daily (red) and as a proportion of world population (blue) based on 1981–2008 World Bank data. The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country. In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries (with HDI of under than 0.700 score) than in developing countries.
https://en.wikipedia.org/wiki/Poverty_line
at what dollar amount is considered poor
An annual income of $24,600 for a family of four is considered poor.