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Income and Poverty

Income is the gauge many use to determine the well-being of the U.S. population. Survey and census questions cover poverty, income, and wealth.

Income and Poverty Subtopics

Income

Census money income is defined as income received on a regular basis before payments for taxes, social security, etc. and does not reflect noncash benefits.
Income Inequality

Income inequality is the extent to which income is distributed unevenly among a population.
Poverty

If a family's total income is less than the official poverty threshold for a family of that size and composition, then they are considered to be in poverty.
Small Area Income & Poverty Estimates (SAIPE)

The Small Area Income and Poverty Estimates (SAIPE) program provides more current estimates for the administration and allocation of federal programs and funds.
Supplemental Poverty Measure

In 2009, the Census Bureau and Bureau of Labor Statistics (BLS) created a Supplemental Poverty Measure (SPM) to replace previous experimental poverty measures.
Wealth and Asset Ownership

Household net worth or wealth is an important defining factor of economic well-being - it can become an additional source of income in hard times or retirement.
Well-Being

Factors that contribute to well-being include income, possession of consumer durables, housing and neighborhood conditions, and the meeting of basic needs.

Other Related Sites (Governmental)

Bankruptcy & Means Testing (U.S. Department of Justice)

Most individual debtors filing for bankruptcy relief are required to complete a version of Bankruptcy Form 122.