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indicator

Income & Poverty

Income & Poverty

Description

Share of Householders Age 65 or Older With Income Below the Federal Poverty Level (FPL) or the Elder Index in Their Area, by Household Size and Housing Tenure, 2019

Data Source

American Community Survey (ACS)

Demographics
Housing
Community Infrastructure
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Data Source

Elder Economic Security Standard Index (Elder Index)

Economic Security
Cost Of Living For Older Adults
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Calculation Methodology

  1. 1
    Select respondents aged 65 or older using the AGEP column, where values greater than 64.99 represent this group.
  2. 2
    Derive household size categories from the NP column, where NP=1 means one-person household, NP=2 means two persons, and NP=3 or more means three or more persons.
  3. 3
    Filter respondents by housing tenure using the TENURE column, where TENURE=1 indicates owned with mortgage, TENURE=2 indicates owned without mortgage, and TENURE=3 indicates rented.
  4. 4
    Use the FPL column to identify respondents with income below the Federal Poverty Level or the Elder Index benchmarks.
  5. 5
    Apply the weight column WEIGHT to calculate weighted shares of householders by household size and housing tenure.
  6. 6
    Aggregate the weighted shares by HOUSEHOLD_TYPE categories to produce the grouped stacked bar chart.

Source Variables using this Indicator (13)

Visuals Using This Indicator (1)

Visual for Indicator Income & Poverty for 2019

Share of Householders Age 65 or Older With Income Below the Federal Poverty Level (FPL) or the Elder Index in Their Area, by Household Size and Housing Tenure, 2019

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Why This Matters

Transparent methodology ensures every insight can be traced, verified, and built upon.

Reproducible Research

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Accountability

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Continuous Improvement

Transparent documentation allows for peer review, feedback, and iterative improvements to our analytical approaches.