SNAP Benefits Recipients in Monroe County, FL
CBR12087FLA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,422.00
Year-over-Year Change
-16.07%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Monroe County, Florida. It provides key insights into food security and economic conditions in the county.
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 Monroe County, FL trend tracks the number of individuals and households receiving federal SNAP benefits within this specific Florida county. SNAP is a critical social assistance program that helps low-income families afford groceries and maintain adequate nutrition.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
SNAP participation data is widely used by policymakers, economists, and social services providers to understand local economic and food security trends.
Key Facts
- Monroe County had over 12,000 SNAP recipients in 2021.
- SNAP participation in the county increased by 8% from 2020 to 2021.
- The SNAP recipiency rate in Monroe County is 10% higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Monroe County, Florida.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation data provides valuable insights into food security and economic conditions at the local level, which is crucial information for policymakers, social services providers, and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: SNAP participation data is widely used by policymakers, economists, and social services providers to understand local economic and food security trends, and to inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of U.S. Census Bureau surveys and administrative records.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Monroe County, FL (CBR12087FLA647NCEN), retrieved from FRED.