SNAP Benefits Recipients in Denver County, CO
CBR08031COA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86,859.00
Year-over-Year Change
10.28%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Denver County, Colorado. It is an important indicator of local food insecurity and household economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The SNAP Benefits Recipients in Denver County, CO trend tracks the total number of individuals receiving food assistance benefits in this major metropolitan area. This data provides insight into the prevalence of poverty and hardship within the local population.
Methodology
The data is collected by the U.S. Census Bureau through its County-Based Supplemental Nutrition Assistance Program (SNAP) Caseload and Participation data.
Historical Context
Policymakers and researchers use this local SNAP data to analyze trends in food security, target social programs, and assess the economic well-being of Denver County residents.
Key Facts
- Denver County has a population of over 700,000 as of 2021.
- In 2020, there were over 130,000 SNAP recipients in Denver County.
- SNAP participation rates in Denver have increased by 25% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Denver County, Colorado.
Q: Why is this trend relevant for users or analysts?
A: This SNAP data provides important insights into local food insecurity and household economic conditions within the Denver metropolitan area, which is valuable for policymakers, researchers, and the public.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this SNAP participation data through its County-Based Supplemental Nutrition Assistance Program (SNAP) Caseload and Participation data.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this local SNAP data to understand trends in food security, target social assistance programs, and assess the overall economic well-being of Denver County residents.
Q: Are there update delays or limitations?
A: The SNAP benefits data for Denver County is typically published with a 1-2 year lag by the U.S. Census Bureau.
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Citation
U.S. Census Bureau, SNAP Benefits Recipients in Denver County, CO (CBR08031COA647NCEN), retrieved from FRED.