SOCIOL 3AC Lecture Notes - Lecture 23: Poverty Threshold, Standard Deviation
Document Summary
Monday, october 19, 2015. Poverty threshold: a. b. c. d. e. One adult ( under 65)- ,071/year. ,467. meaning people fall below the poverty line all the time. Deep poverty: refers to those who have incomes below half the poverty threshold for their family size/ composition. 34. 6% of the population had at least one spell of poverty lasting 2 or more months during the 40 year period from 2009- 2012. Chronic poverty in this 4- year period was relatively uncommon, with 2. 7 percent of the population living in poverty during all 48 months. Poverty spells data for black americans are the inverse of those for whites- 70% were poor for three years or more. Percentage in poverty by race i. ii. iii. iv. v. vi. vii. Share of income by quintile a. b. c. Standard deviation and median: Typical rent paid by american families is /month or ,668 annually.