|
|
People 65+ Living Below Poverty Level
| Value: |
6.2 percent |
Measurement
Period: |
2007-2011 |
| Location: |
Census Tract : 24031704600
[ View Every Census Tract ] |
| Comparison: |
U.S. Counties |
| Categories: |
Economy / Poverty
|
|
What is this Indicator?
This indicator shows the percentage of people aged 65 years and over living below the federal poverty level. |
| Why this is important: Federal poverty thresholds are set every year by the Census Bureau and vary by size of family and ages of family members. Seniors who live in poverty are an especially vulnerable group due to increased physical limitations, medical needs, and social isolation. Seniors often live on a fixed income from pensions or other retirement plans and social security. If this income is insufficient in the face of increasing prescription costs and other costs of living, most seniors have no way to supplement their income. Retirement plans may be vulnerable to fluctuations in the stock market as well; the increasing reliance of retirees on stock market based retirement plans may explain why more seniors nationwide are now slipping into poverty. |
| Technical Note: The distribution is based on data from 3,142 U.S. counties and county equivalents. |
| Source: American Community Survey |
| URL of Source: http://www.census.gov/acs/www/ |
| URL of Data: http://factfinder2.census.gov/ |
Local Comments:
 |
| Maintained By: Healthy Communities Institute |
|
Time Series Data
percent
|
|
|
People 65+ Living Below Poverty Level
| Value: |
6.2 percent |
Measurement
Period: |
2007-2011 |
| Location: |
Census Tract : 24031704600
[ View Every Census Tract ] |
| Comparison: |
Prior Value |
| Categories: |
Economy / Poverty
|
|
What is this Indicator?
This indicator shows the percentage of people aged 65 years and over living below the federal poverty level. |
| Why this is important: Federal poverty thresholds are set every year by the Census Bureau and vary by size of family and ages of family members. Seniors who live in poverty are an especially vulnerable group due to increased physical limitations, medical needs, and social isolation. Seniors often live on a fixed income from pensions or other retirement plans and social security. If this income is insufficient in the face of increasing prescription costs and other costs of living, most seniors have no way to supplement their income. Retirement plans may be vulnerable to fluctuations in the stock market as well; the increasing reliance of retirees on stock market based retirement plans may explain why more seniors nationwide are now slipping into poverty. |
| Technical Note: The trend is a comparison between the most recent and previous measurement periods. Confidence intervals were not taken into account in determining the direction of the trend. |
| Source: American Community Survey |
| URL of Source: http://www.census.gov/acs/www/ |
| URL of Data: http://factfinder2.census.gov/ |
Local Comments:
|
| Maintained By: Healthy Communities Institute |
|
Time Series Data
percent
|
|
|
|
