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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, 2023

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 HHLDRAGEP column, where values are binned into 65-80 (up to 64.99 to 80.99) and 81+ (81 and above).
  2. 2
    Filter data by TENURE to separate housing tenure into Owned with mortgage (TENURE=1), Home Owned Without Mortgage (TENURE=2), and Rented (TENURE=3).
  3. 3
    Use the NP column to categorize household size, where NP=1 means one-person household, NP=2 means two persons, and NP=3+ means three or more persons.
  4. 4
    Exclude records with Unspecified household types from the analysis.
  5. 5
    Apply the weight column PWGTP to calculate weighted shares of householders with income below the Federal Poverty Level (FPL) or the Elder Index in their area.
  6. 6
    Aggregate the weighted data by HOUSEHOLD_TYPE and TENURE to produce grouped and stacked bar chart values showing the share of householders by household size and housing tenure.

Source Variables using this Indicator (18)

Visuals Using This Indicator (1)

Visual for Indicator Income & Poverty for 2023

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, 2023

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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