innofuel t1_is55yyi wrote
Reply to comment by ZeePirate in US Federal Reserve sees EV “battery belt” developing as greater than 15 battery manufacturing facilities worth greater than $40 billion are in development in the US by ForHidingSquirrels
Federal poverty line is $26,500 for a family of 4. Outside of fancy suburbs, you can easily buy a 3BR in most small town and inner city areas of TN/AR/KY paying 800 per month on mortgage, but $26500 a year not even enough for rent anywhere in CA.
If you consider rent, the actual poverty line in CA should be $50000 for 4, which will put CA's poverty rate to the same level with TN/AR/KY.
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