SNAP Benefits Recipients in Hancock County, GA
CBR13141GAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,679.00
Year-over-Year Change
-34.80%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of recipients of Supplemental Nutrition Assistance Program (SNAP) benefits in Hancock County, Georgia. It provides important insights into local food security and economic well-being.
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 Hancock County, GA trend tracks the total number of individuals in this county receiving federal SNAP assistance to supplement their food budgets. This metric is a key indicator of local poverty and food insecurity levels.
Methodology
The data is collected by the U.S. Census Bureau through its annual County Business Patterns survey.
Historical Context
Policymakers and social service providers use this trend to assess the need for food assistance programs and target anti-poverty initiatives in Hancock County.
Key Facts
- Hancock County has a population of around 8,500 people.
- In 2021, over 3,000 residents of Hancock County received SNAP benefits.
- The SNAP recipient rate in Hancock County is more than double the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals in Hancock County, Georgia who receive Supplemental Nutrition Assistance Program (SNAP) benefits to supplement their food budgets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into local poverty and food insecurity levels, which is crucial information for policymakers, social service providers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its annual County Business Patterns survey.
Q: How is this trend used in economic policy?
A: Policymakers and social service providers use this trend to assess the need for food assistance programs and target anti-poverty initiatives in Hancock County.
Q: Are there update delays or limitations?
A: The SNAP benefits data is published annually, so there may be a 1-year delay in the most recent figures.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Hancock County, GA (CBR13141GAA647NCEN), retrieved from FRED.