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The data below is for annual median household income in the 50 states, the District of Columbia, and Puerto Rico — the data is based on 2013–2017 American Community Survey data from the U.S. Census Bureau; populations are also from the 2013–2017 American Community Survey.
The second and third standards adjust the scale of distance and factor income to define a food desert. In the US, a food desert is a low-income census tract residing at least 0.5 miles (0.80 km) in urban areas (10 miles (16 km) in rural areas), or 1 mile (1.6 km) away in urban areas (20 miles in rural areas) from a large grocery store. [10]
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
Not all Opportunity Zones are in low income communities. Per Internal Revenue Code Section 1400Z-1(e), up to five percent of the Opportunity Zones in each state can be non-low income tracts contiguous to low-income tracts. [6] In December 2019, Treasury issued final regulatory guidance on Qualified Opportunity Fund investing. [7]
Of these, the lowest quartile were designated "low income." Following the 1970 census, attribute-based measures were translated to purely statistical ones, defining "low-income areas" as census tracts with 20%–39% of inhabitants falling under the poverty line, and labeling areas with 40% or more impoverished inhabitants as "high" or "extreme ...
The difference in estimates of per capita income and per capita personal income is large. In 2019, the U.S. Census Bureau calculated a per capita income of the United States as 34,103 dollars. [4] The U.S. Bureau of Economic Analysis calculated the PCPI as 56,490 dollars. [5]
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas. [note 1]
To qualify as an exurb in the Finding Exurbia report, a census tract must meet three criteria: Economic connection to a large metropolis. Low housing density: bottom third of census tracts with regard to housing density. In 2000, this was a minimum of 2.6 acres (11,000 m 2) per resident. Population growth exceeding the average for its ...