Despite our wages being up, so is the share of Indianapolis residents living below the poverty line.
Why it matters: Data shows that women, our youngest residents and our oldest residents are struggling the most.
By the numbers: The percentage of Indy residents living below the poverty level rose to 10.9% last year, up slightly from 10.5% in 2019.
- The federal poverty threshold is an annual income of $32,130 for a family of four.
Zoom in: Poverty increased the most significantly among Indianapolis residents under 18 years old, the data reveals.
- The childhood poverty rate climbed from 13.3% to 15.2% between 2019 and 2024.
- For residents 65 and older, the rate went from 8.1% to 9.6%.
The other side: There was some progress in the poverty rate among residents 18 to 64, falling from 10% to 9.5%…