(May 21) Today's Top Headlines - How much American families think they need to get by - The Explorer: Today's Headlines

(May 21) Today's Top Headlines - How much American families think they need to get by

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Posted: Tuesday, May 21, 2013 10:51 am

According to a TODAY Show report, Americans think that a family of four would need to earn a minimum of $58,000 a year, just to get by, a new Gallup survey finds.

That’s more than double the 2012 poverty threshold for a family of four, which was $24,000, according to data from the U.S. Census Bureau.

The Gallup survey of about 1,000 Americans, which was released last week, asked Americans to name the smallest amount of money a family of four would need to make each year to get by in their own community. The data was collected in mid-April.

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