Poverty Level 2024 Massachusetts. 2023 numbers are slightly lower, and are used to calculate savings on marketplace insurance plans for 2024. The agency defines the poverty level based on household size, increasing the cap by $5,140 for each member of the household past the first and adjusting it every year based on inflation and other factors.

Income is presented in the income, eqv and population report which is used in the formula allocation of certain cherry sheet programs and the calculation of school building assistance rates. The government updates these numbers every january.