indicator
Retirement Income & Social Security
Retirement Income & Social Security
Description
Share of Adults Age 65 or Older with Retirement and/or Social Security Income, by Federal Poverty Level, 2024
Data Source
American Community Survey (ACS)
Calculation Methodology
- 1Select individuals aged 65 or older using the
AGEPcolumn with the conditionAGEP >= 65. - 2Derive income groups from the columns
RETPandSSPas follows: Retirement Income Only ifRETP > 0andSSP = 0; Social Security Income Only ifRETP = 0andSSP > 0; Both Retirement and Social Security Income ifRETP > 0andSSP > 0; Neither Retirement nor Social Security Income ifRETP = 0andSSP = 0. - 3Apply the filter on poverty level using the
POVPIPcolumn to separate below 200% FPL (POVPIP < 200) and above 200% FPL (POVPIP >= 200) groups. - 4Use the
STATEcolumn to segment data by state for analysis. - 5Apply the weight column
PWGTPto weight individual records appropriately. - 6Aggregate weighted counts by
STATEand income groups to calculate the share of adults aged 65 or older with each type of retirement and/or social security income by federal poverty level.
Source Variables using this Indicator (17)
Visuals Using This Indicator (1)
Share of Adults Age 65 or Older with Retirement and/or Social Security Income, by Federal Poverty Level, 2024
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