What Is Classified As A Low Income Salary?
Those making less than $42,000 make up the lower-income bracket, while those making more than $126,000 make up the upper-income bracket.
What amount of income is considered low income?
By government standards, "low-income" earners are men and women whose household income is less than double the Federal Poverty Level (FPL). For a single person household, the 2019 FPL was $12,490 a year. That means that a single person making less than $25,000 a year would be considered low income.
Living on a Low Income | MoneyGeek.com
What is considered low income 2020?
2020 POVERTY GUIDELINES FOR THE 48 CONTIGUOUS STATES AND THE DISTRICT OF COLUMBIA
2020 Poverty Guidelines | ASPE - HHS.gov