Platform · Glossary
Poverty rate.
The share of households in a geography with income below the federal poverty line, as defined by the U.S. Census Bureau and reported through ACS. The poverty line varies by household size and reporting year.
How 3Y uses it
Poverty rate is one of several structural inputs to the location score, alongside median income, employment, education, and housing affordability. It serves as a tract-level risk indicator because concentrated economic stress can affect turnover, rent collection risk, maintenance pressure, and long-term rent growth.
A word on how 3Y handles it
3Y treats poverty rate as a structural input to a risk score, not as a judgment about residents or a basis for excluding markets. Investors operate across the full economic spectrum, and properties at every income tier can perform well or poorly depending on operations.