What is extreme poverty?
Extreme (or deep) poverty is defined as a family living on in income at 50% of the poverty line or below. In 2007, that translates to a family of four living on $10,310 a year or less. To put this number in context, if a family of four in extreme poverty was renting a two-bedroom apartment at the current fair market rent of $829 a month, they would have $362 left for all other expenses for the entire year.
