text: Question: What Yearly Salary Is Considered Poverty? - hunbay
  Question: What Yearly Salary Is Considered Poverty?
  Is 28000 a year low income?
  How much do you have to make to be considered poor?
  Is 23000 a year low income?
  What is a poor yearly income?
  It's possible to live on $28,000 per year and be comfortable.
  It's all about how you budget and save as well as making sure you live in an affordable area.
  If you live in an expensive city where the cost of living is high, you can still meet this budget but you'll just have to get more creative..
  In most areas of the US, a family of 4 should be able to live well on $4000/month take home. That is about $4800 gross pay or $27/hour for a single worker or $14/hour for a two income family.
  Is $3,000 per month ($36,000 salary) considered good? A $36k salary is not considered a good income. According to PEW Research, middle class income is currently between $42k and $126k per year. Therefore, a salary of $36k per year leaves you in a lower income class.
  2021 POVERTY GUIDELINES FOR THE 48 CONTIGUOUS STATES AND THE DISTRICT OF COLUMBIAPersons in family/householdPoverty guideline1$12,8802$17,4203$21,9604$26,5005 more rows•Jan 26, 2021