Americans Say Family of Four Needs Nearly $60K to ‘Get By’

The federal poverty threshold for a family of four is just under $24,000; however, Americans believe such a family unit living in their community needs more than double that — $58,000, on average — just to “get by.” That estimate reflects 29% of Americans saying these families need up to $50,000 in annual income, 47% saying they need between $50,000 and $99,999, and 10% saying they need $100,000 or more. [cont.]

Lydia Saad, Gallup