2024 Poverty Level Income In Usa. This means the annual poverty level for a family of three has increased to $25,820 up from $24,860 in 2023. The 2024 federal poverty level (fpl) income numbers below are used to calculate eligibility for medicaid and the children's health insurance program (chip).

The official poverty rate for black individuals decreased between 2021 and 2022. The official poverty rate in 2022 was 11.5 percent, with 37.9 million people in poverty.