2024 Poverty Level Income Chart By Age. Institutional income standard is $72.80. Many federal and state government benefits are tied to the federal poverty level (fpl) or percentages of the fpl.

The 2024 federal poverty level (fpl) income numbers below are used to calculate eligibility for medicaid and the children’s health insurance program (chip). Poverty is defined as the state of not having sufficient income or material possessions such as food, clothing, and shelter to cover a person’s basic.