SNAP Benefits Recipients in Lake County, FL
CBR12069FLA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,167.00
Year-over-Year Change
3.03%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Lake County, Florida. It provides important insights into food security and economic conditions in the region.
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 Lake County, FL trend tracks the number of individuals and households receiving federal SNAP benefits within this Florida county. This data is widely used by policymakers, researchers, and social service providers to understand patterns of food insecurity and economic hardship.
Methodology
The data is collected and reported by the U.S. Census Bureau through its County Business Patterns survey.
Historical Context
Trends in SNAP participation are closely monitored as an indicator of economic and social welfare conditions.
Key Facts
- Lake County, FL has a population of over 375,000 as of 2021.
- SNAP enrollment in Lake County peaked in 2013 at over 57,000 recipients.
- The SNAP recipient rate in Lake County is currently below the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Lake County, Florida.
Q: Why is this trend relevant for users or analysts?
A: Trends in SNAP participation provide important insights into food security and economic conditions in the local area, which is valuable information for policymakers, researchers, and social service providers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its County Business Patterns survey.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor SNAP participation trends as an indicator of economic and social welfare conditions, which can inform decisions around social programs and economic development initiatives.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients data for Lake County, FL is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Lake County, FL (CBR12069FLA647NCEN), retrieved from FRED.