For monthly income, if an individual earns less than $2309 each month, they are considered low income. If a household earns less than $4,395 per month, they are considered low-income.
2024 Income Levels of Current Poverty Levels (as of 01/17/24) 1 $1,883 $2,510 2 $2,555 $3,407 3 $3,228 $4,303 4 $3,900 $5,2007 more rows
Per the U.S. Census in 2021, the median annual household income in Arizona is $65,913, and the average income per capita is $34,644. Based on these median income figures, it is determined that a senior household with an income of less than $52,730 annually will be considered low income.
Income Limits Household SizeGross Monthly Income Limit Effective 02/01/2024 1 $1,670 2 $2,266 3 $2,862 4 $3,4582 more rows
The Arizona Long Term Care System covers a comprehensive array of supportive services for individuals who are aged or disabled. This program pays for nursing home care and community-based alternatives that can help you remain in your own home or in a residential setting of your choice.
To measure poverty under the official measure, the Census Bureau uses specific dollar thresholds, which vary by family size and age of family members but do not vary geographically. In 2022, the poverty threshold was $14,040 for a single person age 65 or older and $17,710 for a household of two people 65 or older.
In general, however, once you turn 55 you start to enter the senior age demographic. By the time you are 65 you reach the most common age for retirement from your job. However, an increasing number of senior citizens are working after 65, so retirement can no longer be a key factor in becoming a senior.
State-Specific Senior Age Definitions and Benefits of Senior Citizens | USA StateSenior Age Arizona 55, 65 Arkansas 60, 65 California 55, 62, 65 Colorado 6546 more rows
Per the U.S. Census in 2021, the median annual household income in Arizona is $65,913, and the average income per capita is $34,644. Based on these median income figures, it is determined that a senior household with an income of less than $52,730 annually will be considered low income.