Between 2020 and 2022, Social Security benefits lifted around 15.8 million people aged 65 and over above the poverty line in the United States. This includes 1.41 million individuals in California, and a further 1.43 million in Florida.
Adults aged 65 and over lifted out of poverty by Social Security benefits in the United States from 2020 to 2022, by state
The source adds the following information: This analysis uses the Census Bureau's official definition of poverty. In determining poverty status, the Census Bureau compares a family's cash income before taxes with poverty thresholds that vary by the size and age of the family. The poverty thresholds in 2020 were 12,413 U.S. dollars for an elderly individual, 15,644 for USD for an elderly couple, and 26,496 for an average family of four. To calculate the anti-poverty effects of Social Security, we determined each households poverty status twice - first excluding and then including the family's SS benefits.
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CBPP. (January 31, 2024). Adults aged 65 and over lifted out of poverty by Social Security benefits in the United States from 2020 to 2022, by state [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1318041/adults-65-over-lifted-poverty-social-security-us/
CBPP. "Adults aged 65 and over lifted out of poverty by Social Security benefits in the United States from 2020 to 2022, by state." Chart. January 31, 2024. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1318041/adults-65-over-lifted-poverty-social-security-us/
CBPP. (2024). Adults aged 65 and over lifted out of poverty by Social Security benefits in the United States from 2020 to 2022, by state. Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1318041/adults-65-over-lifted-poverty-social-security-us/
CBPP. "Adults Aged 65 and over Lifted out of Poverty by Social Security Benefits in The United States from 2020 to 2022, by State." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1318041/adults-65-over-lifted-poverty-social-security-us/
CBPP, Adults aged 65 and over lifted out of poverty by Social Security benefits in the United States from 2020 to 2022, by state Statista, https://www.statista.com/statistics/1318041/adults-65-over-lifted-poverty-social-security-us/ (last visited October 02, 2024)
Adults aged 65 and over lifted out of poverty by Social Security benefits in the United States from 2020 to 2022, by state [Graph], CBPP, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1318041/adults-65-over-lifted-poverty-social-security-us/
