What Qualifies As A Low-income Household?
Low-income families are defined as families whose incomes do not exceed 80 percent of the median family income for the area. Very low-income families are defined as families whose incomes do not exceed 50 percent of the median family income for the area.
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