Is it "economically challenged" or "low income"?

What is the standard journalism style for referencing a low-income neighborhood? I keep thinking “economically challenged” is a tad bit too PC but I don’t know what the correct phrase is. Is there a preference these days? Or perhaps another alternative?

Thanks!

How about “Poor”?

Although I would say “poor,” I expect that journalists would say “low income neighborhood.”

Am I the only one tickled by the fact that Baglady is the OP on this?

You should use “Low Income”. This will eliminate the need to define what “poor” or “economically challenged” means.

HUD defines certain neighborhoods based on the median income of the residents as it compares to the greater surrounding areas. This can be found in the Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA).

These will soon be updated with 2000 census information.

As some additional information, if you would like to see how any address is classified, as to income level, population, or minority representation go to: http://www.ffiec.gov/Geocode/default.htm
This is still based on 1990 information but should be updated soon.