How many and who is considered Poor in USA
In America, a family is considered and counted as a poor family if the income is below the poverty threshold.
Poverty Threshold in Year 2010 was following
Single Individual –
Under 65 = 11,344 $
65 Years and older = 10,458 $
Single Parent –
A – Single parent with one child = 15,030 $
B- Single parent with two children = 17,568 $
C – Single parent with three children = 22,190 $
Two Adults –
A – Two adults with no children – 14,602$
B – Two adults with one child – 17,552 $
C - Two Adults with two children – 22,113 $
D – Two adults with three children – 26,023 $
In year 2010, 1.5 out of 10 people in U.S. were in poverty.
Year 2010 = 46.2 million people in poverty
One in five children lived in poverty in 2010
Each year more and more adults and children are living in poverty in U.S.
In 2010, Mississippi was the poorest state in the U.S.
In 2010, New Hampshire was the richest state in the U.S.
In India, government always tries to hide its failures and rules are made in such a way that very few Indian citizens are counted as living in poverty.
One American Dollar equals to Indian Rs. 52 to Rs.56
Conversion rate keeps changing always.
Suggested Reading –
Poverty Line Planning Commission Earn Rs 25 Each day, Half Dollar a Day You are Rich Indian
Reality views by sm –
Thursday, July 12, 2012
Tags – USA Poverty Line Threshold