
Supplemental Poverty Measure
The Supplemental Poverty Measure (SPM) is an alternative way to assess poverty that accounts for a broader set of factors than the official measure. It considers not only income from work and government assistance but also expenses like healthcare, housing costs, and taxes. This provides a more accurate picture of how economically vulnerable families truly are. By including these additional costs and support, the SPM helps policymakers understand real living conditions and target help more effectively, reflecting the true financial challenges faced by many Americans.