Date: May 18th, 2005

Income levels: nomenclature

18 May, 2005 (10:15) | Primer Posts |

Federal policy currently recognizes five levels of income, typically adjusted for family size, as follows:
 
·         Extremely Low Income (ELI).  Households below 30% of area median income (AMI), adjusted for family size.  (For reference, a family of four, one worker with a full-time job at the minimum wage, yields about 22% of AMI.)  ELI households fall […]