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Economy > Percent below poverty level (vs) Economy > Nest Egg Index

VIEW DATA:   Comparison scatterplot  
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114
Economy > Nest Egg Index
85
8 Economy > Percent below poverty level (%) 22

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Note: It will take several minutes to draw this plot the first time you view it. After that all plots should appear much more quickly.
Strength of correlation (R squared): 0.771 (this correlation is significant)

X Axis Y Axis
Variable: Economy > Percent below poverty level Economy > Nest Egg Index
Plot Display: Logarithmic (base 10) Linear
Definition: Percent of People Below Poverty Level in the Past 12 Months (For Whom Poverty Status is Determined), 2004 Index ranking the ability to build and nurture financial saving and retirement assets. Factors include: Savings propensity (proportion of households in the area that have a savings product of any type — e.g., regular savings account, CD, IRA); 401(k) retirement plan penetration; Non-401(k) retirement savings plan penetration (e.g., pension plans); Investing propensity (proportion of households in the area that have any investment product or service, excluding 401(k) plans); Net worth; Owner-occupied housing value; First mortgage balance; Personal debt level; Home ownership; Household income, Cost of living; Local employment rate.
Source: American Community Survey 2004 A.G. Edwards
Correlations:
      More correlations »     More correlations »
 

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