Living in Poverty - A13003B_002 - Poverty Status in 2020 for Population Age 18 to 64 - Social Explorer Tables: ACS 2022 (5-Year Estimates) (SE) - Survey ACS 2022 (5-Year Estimates)

Variables used in the formula:
ACS22_5yr:B17001010	Total: Income In The Past 12 Months Below Poverty Level: Male: 18 To 24 Years
ACS22_5yr:B17001011	Total: Income In The Past 12 Months Below Poverty Level: Male: 25 To 34 Years
ACS22_5yr:B17001012	Total: Income In The Past 12 Months Below Poverty Level: Male: 35 To 44 Years
ACS22_5yr:B17001013	Total: Income In The Past 12 Months Below Poverty Level: Male: 45 To 54 Years
ACS22_5yr:B17001014	Total: Income In The Past 12 Months Below Poverty Level: Male: 55 To 64 Years
ACS22_5yr:B17001024	Total: Income In The Past 12 Months Below Poverty Level: Female: 18 To 24 Years
ACS22_5yr:B17001025	Total: Income In The Past 12 Months Below Poverty Level: Female: 25 To 34 Years
ACS22_5yr:B17001026	Total: Income In The Past 12 Months Below Poverty Level: Female: 35 To 44 Years
ACS22_5yr:B17001027	Total: Income In The Past 12 Months Below Poverty Level: Female: 45 To 54 Years
ACS22_5yr:B17001028	Total: Income In The Past 12 Months Below Poverty Level: Female: 55 To 64 Years

Relevant Documentation:

Excerpt from:	Social Explorer; U.S. Census Bureau; 2022 ACS 1-year and 2018-2022 ACS 5-year Data Releases : Technical Documentation.
	2022 ACS 1-year and 2018-2022 ACS 5-year Data Releases: Technical Documentation -> Subject Definitions -> Housing Variables -> Monthly Housing Costs as a Percentage of Household Income

Monthly Housing Costs as a Percentage of Household Income

The data for monthly housing costs as a percentage of household income are developed from a distribution of "Selected Monthly Owner Costs as a Percentage of Household Income" for owner-occupied and "Gross Rent as a Percentage of Household Income" for renter-occupied units. The owner-occupied categories are further separated into those with a mortgage and those without a mortgage. See sections on "Selected Monthly Owner Costs as a Percentage of Household Income" and "Gross Rent as a Percentage of Household Income" for more details on what characteristics are included in each measure and how these data are comparable to previous ACS and Census 2000 data.

Monthly housing costs as a percentage of household income provide information on the cost of monthly housing expenses for owners and renters. The information offers an excellent measure of housing affordability and excessive shelter costs. The data also serve to aid in the development of housing programs to meet the needs of people at different economic levels.