Annual Income at Federal Minimum Wage | 2012 Federal Poverty Threshold | The "Low Income" Threshold | |
---|---|---|---|
A Family Of Four With Two Children | 15080 | 23364 | 46728 |
Dollars
Sources:
nccp.org, deseretnews.com
Annual Income at Federal Minimum Wage | 2012 Federal Poverty Threshold | The "Low Income" Threshold | |
---|---|---|---|
A Family Of Four With Two Children | 15080 | 23364 | 46728 |
The federal poverty threshold doesn't tell the whole truth about poverty and income in the United States. Research suggests that neither federal minimum wage nor poverty-level income are enough to meet a family's most basic needs. In fact, a family that earns about twice the federal poverty level is still classified as "low income."