SNAP Benefits Recipients in Knox County, IL
CBR17095ILA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,238.00
Year-over-Year Change
24.32%
Date Range
1/1/1989 - 1/1/2022
Summary
This data series tracks the number of recipients of Supplemental Nutrition Assistance Program (SNAP) benefits in Knox County, Illinois. It is an important economic indicator for assessing food insecurity and household economic conditions in this local area.
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 Knox County, IL metric measures the total number of individuals receiving federal SNAP food assistance in this rural Illinois county. This provides insight into the prevalence of food poverty and the economic challenges facing low-income households in the region.
Methodology
The data is collected and published by the U.S. Census Bureau through its Small Area Income and Poverty Estimates (SAIPE) program.
Historical Context
Trends in SNAP enrollment are closely monitored by policymakers, social service providers, and economic analysts to gauge the financial well-being of local communities.
Key Facts
- Knox County, IL has a population of around 50,000 people.
- SNAP enrollment in Knox County peaked at over 10,000 recipients in 2013.
- The SNAP recipient rate in Knox County is typically higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Knox County, Illinois.
Q: Why is this trend relevant for users or analysts?
A: Trends in SNAP enrollment provide insight into the prevalence of food insecurity and economic challenges facing low-income households in the local area.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through its Small Area Income and Poverty Estimates (SAIPE) program.
Q: How is this trend used in economic policy?
A: Policymakers, social service providers, and economic analysts closely monitor SNAP enrollment trends to gauge the financial well-being of local communities.
Q: Are there update delays or limitations?
A: The SNAP Benefits data for Knox County, IL is published annually with a delay of approximately 1-2 years.
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Citation
U.S. Census Bureau, SNAP Benefits Recipients in Knox County, IL (CBR17095ILA647NCEN), retrieved from FRED.