What Is the Poverty Line 2021?
(The current poverty line is $10,830 for a single person and $22,050 for a family of four.) If a person lives in a household whose income is less than that amount, he is considered poor. If the household’s income is that amount or more (even by one dollar), he is not poor.
When was the federal poverty line first created?
It is time to move beyond the poverty line. The current federal poverty line was created in 1964 by Mollie Orshansky, an economist working at the U.S. Social Security Administration. 1 Tasked with setting a threshold for what it meant to be poor, she started by analyzing the cost of one of life’s basic necessities: food.
