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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, 2022

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 data from the dataset using the columns HHLDRAGEP, NP, TENURE, and FPL.
  2. 2
    Derive age groups from HHLDRAGEP by binning values into 65-80 for HHLDRAGEP between 0 and 64.99, and 81+ for values above 65.
  3. 3
    Derive household size categories from NP where NP=1 means one-person household, NP=2 means two persons, and NP=3+ means three or more persons.
  4. 4
    Filter data by TENURE to separate housing tenure into Owned with mortgage (TENURE=1), Home Owned Without Mortgage (TENURE=2), and Rented (TENURE=3).
  5. 5
    Apply the weight column WEIGHT to calculate weighted shares of householders aged 65 or older with income below the Federal Poverty Level (FPL).
  6. 6
    Aggregate the weighted results by NP categories and TENURE groups to produce the grouped stacked bar chart by household size and housing tenure.

Source Variables using this Indicator (13)

Visuals Using This Indicator (1)

Visual for Indicator Income & Poverty for 2022

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, 2022

View visualization

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

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