Income Percentage of Poverty Line Calculator

Formula

The formula to calculate the Income Percentage of Poverty Line is:

\[ IPL = \frac{I}{PL} \times 100 \]

Where:

$IPL$ is the Income Percentage of the Poverty Line (%)
$I$ is the total income ($)
$PL$ is the current poverty line ($)

What is Income Percentage of Poverty Line?

The Income Percentage of the Poverty Line (IPL) is a measure used to determine how an individual's or household's income compares to the established poverty line. It is calculated by dividing the total income by the current poverty line income and multiplying by 100. This percentage helps to understand the relative economic status of individuals or households in relation to the poverty threshold.

Example Calculation

Let's assume the following values:

Total Income (I) = $20,000
Current Poverty Line (PL) = $12,500

Using the formula:

\[ IPL = \frac{20,000}{12,500} \times 100 = 160\% \]

The Income Percentage of the Poverty Line (IPL) is 160%.