If the poverty threshold is set at 60 percent of median income, and if median income were $20,000, then people in poverty earn less than

Name: If the poverty threshold is set at 60 percent of median income, and if median income were $20,000, then people in poverty earn less than
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The poverty threshold is calculated as 60% of the median income. If the median income is $20,000, then 60% of $20,000 is $12,000. Therefore, people earning less than $12,000 would be considered in poverty.

If the Poverty Threshold Is Set at 60 Percent of Median