According to a 2015 U.S. Census Bureau report, what percentage of the U.S. population lives in poverty (defined as less than $24,300 per year for a family of four)?
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S. Census Bureau report, 13.5% of the U.S. population lives in poverty, which is defined as less than $24,300 per year for a family of four. Show more…
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The table lists how poverty level income cutoffs (in dollars) for a family of four have changed over time. Use the midpoint formula to approximate the poverty level cutoff in 2016 to the nearest dollar. $$ \begin{array}{c|c} \text { Year } & \text { Income (in dollars) } \\ \hline 1990 & 13,359 \\ \hline 2000 & 17,604 \\ \hline 2010 & 22,315 \\ \hline 2015 & 24,257 \\ \hline 2017 & 25,094 \\ \hline \end{array} $$
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The table lists how poverty level income cutoffs (in dollars) for a family of four have changed over time. Use the midpoint formula to approximate the poverty level cutoff in 2012 to the nearest dollar. $$\begin{array}{c|c}\text { Year } & \text { Income (in dollars) } \\\hline 1990 & 13,359 \\\hline 2000 & 17,604 \\\hline 2010 &22,315 \\\hline 2011 & 23,021 \\\hline 2013 & 23,834 \\\hline\end{array}$$
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