Description of the Indicator
This indicator measures poverty rates in the region and state for multiple periods. Poverty rate is determined by the number of people who fall below a recognized income threshold, which fluctuates depending on factors such as family size and the Consumer Price Index.
Why is it important?
Tracking a region’s poverty rate is important because it shows the number of families living below the income level considered essential to purchase food and vital services. Knowing whether the rates are increasing or decreasing informs planning and preparation for those in need of assistance.
How is the region performing?
Poverty rates have fluctuated. The Commonwealth and Lackawanna County have experienced slight decreases between the two most recent years of available data, and the rates in Luzerne and Wayne Counties have grown.