Description of the Indicator
This indicator measures poverty rates in the region and state for multiple periods. The 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, which is considered essential to purchasing food and vital services. Knowing whether the rates are increasing or decreasing informs planning and preparation for those needing assistance.
How is the region performing?
Poverty rates have fluctuated. The Commonwealth and Lackawanna and Luzerne Counties experienced increases between the two most recent years of available data. The rate in Wayne County remained steady.