In the USA, the "maximum" is WAY too low
http://www.irp.wisc.edu/faqs/faq1.htm
2006 HHS Poverty Guidelines:
(A) Persons in Family or Household
> (B) 48 Contiguous States and D.C.
> (C) Alaska > (D) Hawaii
(A) > (B) > > > (C) > > > (D)
1 > $9,800 > $12,250 > $11,270
2 > $13,200 > $16,500 > $15,180
3 > $16,600 > $20,750 > $19,090
4 > $20,000 > $25,000 > $23,000
5 > $23,400 > $29,250 > $26,910
6 > $26,800 > $33,500 > $30,820
7 > $30,200 > $37,750 > $34,730
8 > $33,600 > $42,000 > $38,640
For each additional person, add
> > $3,400 > $4,250 > > $3,910
I'd LOVE to see ANY of our politicians try living on that amount!!
Especially without all the freebies they get from lobbyists!
I live in New Jersey, which consistently ranks in the top three for cost of living, and to support myself and my son in a safe neighborhood with decent schools, I would need to make at least $60,000.00 per year.
2006-08-13 07:32:19
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answer #1
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answered by HearKat 7
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According to the USG, making minimum wage with a family of four would be considered poverty level. I would suggest that anyone making minimum wage is at or below poverty level....in the United States, anyway.
2006-08-13 14:31:59
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answer #2
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answered by belliqueux 1
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That is going to depend on where you live. Even within the same country, and even within the same state, the figures can be very different. You could live like a king in some caribbean countries for $30,000 a year. Try to do that in NYC, and it's a different story.
2006-08-13 14:30:34
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answer #3
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answered by Anonymous
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I believe it is 10 or 12 K.
2006-08-13 14:28:10
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answer #4
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answered by shirley e 7
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Doesn't that all depend on the country in which the person resides and the value of the local currency?
2006-08-13 14:28:17
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answer #5
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answered by Perplexed Music Lover 5
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Probably mine, one person with less than $10K/yr income.
But your lifestyle is a state of mind. I make out somehow.
2006-08-13 14:29:56
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answer #6
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answered by tweak 3
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I got my first earned income credit last year, i made 5,500.
2006-08-13 14:29:40
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answer #7
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answered by Anonymous
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19,000 for a family
2006-08-13 14:28:28
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answer #8
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answered by kc 3
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