what income is considered low socioeconomic status 
although income is not the only element in someone s sociological status it is an important measure of a person s ability to obtain better health and educational outcomes in the united states the department of housing and urban development hud gauges income levels as a percentage of the area median income ami a family earning less than 80 of the ami is considered low income and a family earning less than 50 of the ami is considered very low income these categories are used to allocate housing vouchers and other assistance 9the bottom linesocial economics is a branch of economics that examines at the relationship between social factors and economics frequently social economists study the economic choices of different socioeconomic groups these can be defined by a variety of characteristics including by social or economic standing level of education current profession and ethnic background or heritage such factors can significantly impact one s educational attainment and financial security as a field of study social economics looks at the interplay between social processes and economic activity and can reveal broader inequalities in society 