Before-Tax Low-Income Cut-Offs (LICOs), 2003 Population of Community of Residence Family 500,000 + 100,000- 30,000- Less than Rural Size 499,999 99,999 30,000 1 $19,795 $16,979 $16,862 $15,690 $13,680 2 $24,745 $21,224 $21,077 $19,612 $17,100 3 $30,774 $26,396 $26,213 $24,390 $21,268 4 $37,253 $31,952 $31,731 $29,526 $25,744 5 $41,642 $35,718 $35,469 $33,004 $28,778 6 $46,031 $39,483 $39,208 $36,482 $31,813 7+ $50,421 $43,249 $42,947 $39,960 $34,847 Income refers to total pre-tax household income.
What does LICO stand for?
LICO stands for Low-Income Cut-Off
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
- Organizations, NGOs, schools, universities, etc.
See other definitions of LICO
- Master Chief Lithographer (Naval Rating)
- Left Inferior Cardiac Nerve (cardiovascular medicine)
- Local Item Control Number
- Long Island Commercial Network (Long Island Board of Realtors; New York)
- License Company (various companies)
- Life in Christ Outreach
- Little Italy Community Organization (Baltimore, MD)
- Love in Chi Omega (sorority)
- Low Intensity Conflict Operation (India)
- Low-Income Car Ownership (program)
- Life Insurance Company of Alabama
- Long Island Corvette Owners Association (East Meadow, NY)
- Long Island Church of God Fellowship (New York)
- Life Insurance Council of New York
- Laboratory for Integrated Computing and Optoelectronic Systems (University of Alabama in Huntsville)
- Laboratory of Information and Communication Systems (Switzerland)
- Laser Image Corporate Printing (Durham, NC)
- Lead Inventory Control Point
- Line Item Construction Project
- Long Island Cat Project (New York)
Samples in periodicals archive:
The LICO or Low-Income Cut-off identifies low income families as those who spend 64 per cent or more on food, shelter, and clothing.
Surely enough has been written about Statistics Canada's low-income cut-off (LICO) to discredit it as a poverty line.
Their incomes were less than or equal to Statistics Canada's Low-Income Cut-Off for the province or region.
That year, 274,000 of 626,000 elderly, unattached Canadian women, or 44%, had incomes below the low-income cut-offs (1978 base).