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Who sets the poverty threshold?

Updated: 10/25/2022
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9y ago

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The United States government sets the property threshold for the United States.

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Q: Who sets the poverty threshold?
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Does the Federal Reserve set the poverty threshold?

No, the federal reserve does not set the poverty threshold in the United States. The poverty threshold is set by the U.S. Department of Health and Human Services based on statistics gathered from many of their departments.


What do you call the minimum income needed to support a household?

The Poverty Threshold


What is poverty line income for a single man with no dependents?

The 2007 poverty threshold for a single individual under age 65 is $10,787. Thank you for using ChaCha is.


How is the poverty threshold related to the poverty rate?

Take a look at the book on Urban Poverty in the Global Southhttp://urb.im/blog/upgs which talks about how how countries define the poverty threshold and measure poverty has a large influence on poverty rates:"The use of inappropriate poverty definitions that understate and misrepresent urban poverty helps explain why so little attention has been given to urban poverty reduction by aid agencies and development banks.""Almost all official measurements of urban poverty are also made with no dialogue with those who live in poverty and who struggle to live with inadequate incomes. It is always the judgement of 'experts' that identifies those who are 'poor,'""Different criteria used for defining poverty in a given nation can show almost no urban poverty or 30 to 50 percent of the urban population in poverty. There are hidden influences and assumptions within poverty definitions that often help under-count who is identified as being poor"


Who establishes the federal poverty level?

There are two slightly different U.S. federal poverty measures: poverty thresholds, based on the thrifty food plan by the U.S. Department of Agriculture, and poverty guidelines, a simplification of the poverty thresholds used to determine eligibility for a number of programs. The poverty thresholds are established after the year is over, based on the Current Population Survey from March of the current year. For example, the 1998 poverty threshold, which reflects the 1998 calendar year, was calculated by the 1999 March Current Population Survey. Until it is calculated, the poverty threshold is merely an estimate. Poverty thresholds are used mainly for statistical purposes and research, such as preparing estimates of the number of Americans in poverty each year. Poverty guidelines are issued at the beginning of each year, generally in February or March, and are used to determine eligibility for poverty programs such as the Oregon Health Plan. In most cases, guidelines and thresholds can be used interchangeably, except when precision is needed for administrative or legislative purposes. When people talk about the federal poverty level, or federal poverty line, they are usually referring to guidelines, unless it is in a research-oriented context. It is always good to check which is being used.

Related questions

How does the poverty threshold relate free enterprise?

free enterpise allows companies to use cheaper labor and make the poverty threshold lower


How does the poverty threshold relate to free enterprise?

free enterpise allows companies to use cheaper labor and make the poverty threshold lower


Does the Federal Reserve set the poverty threshold?

No, the federal reserve does not set the poverty threshold in the United States. The poverty threshold is set by the U.S. Department of Health and Human Services based on statistics gathered from many of their departments.


Is it true that the Federal Reserve sets the poverty threshold?

I believe the US Department of Health and Human Services determines this (in the US). The Federal Reserve is a completely different institution.


What is Poverty rate?

The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country.


What is the poverty rate?

The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country.


Is it true that the poverty threshold is a relative figure determined by the federal government?

Yes, it's true that the poverty threshold is a relative figure determined by the federal government.


What do you call the minimum income needed to support a household?

The Poverty Threshold


What families are statistically the most likely to live below the poverty threshold?

chicken


What is the poverty threshold?

The "poverty line" is the level of income that separates the people who live in poverty from everyone else. It is not an official line and no specific income has been established as the "poverty line". It is an expression used in conversation to replace the lengthy expression "the level of income that separates poor people from people who are not poor".


Is it true that the poverty threshold stays the same regardless of the number of dependents in the home?

true


What is an income level called that is below what is needed to support families or housesholds?

poverty threshold