The study focused on assessment of household poverty and welfare among households in Ekiti State,
Nigeria. Using a multistage sampling approach, a total of 80 households were selected and interviewed with
the aid of well structured questionnaire. Data collected were subjected to analyses such as descriptive statistics,
poverty index and multiple regression analysis. The result revealed the 38.30 percent of the households covered
by the study were poor and would have to mobilize financial resources up to 41.80% of 1 US Dollar (N130)
per day (for each household member) to be able to escape poverty. Female headed households in the study area
appear to be more vulnerable to income poverty with poverty incidence, depth and severity of values 0.221 and
0.239, 0.402 and 0.191, respectively. Highest levels of poverty were found among household with 7-9
dependants with values 1.00, 0.715 and 0.511 for the incidence, depth and severity of poverty respectively.
Educational levels of household head and spouse, gender of household head and dependency ratio are factors
that exact significance influence on household welfare. In order to reduce poverty and promote peoples’
welfare, policies that would promote employment opportunities; educational status of household head, spouse
and household members as well as efforts to enhance women access to more productive resources and
investment in infrastructural development are recommended.