SNAP Benefits Recipients in Marshall County, KY
CBR21157KYA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,800.00
Year-over-Year Change
-34.46%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Marshall County, Kentucky. It is an important indicator of local food insecurity and economic hardship.
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 Marshall County, KY trend tracks the number of individuals and households receiving federal food assistance benefits in this Kentucky county. This data provides insights into the level of need and demand for social services in the local community.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
This metric is used by policymakers, social service providers, and researchers to understand trends in poverty and food access within specific geographic areas.
Key Facts
- SNAP provides monthly benefits to low-income individuals and families to purchase food.
- Marshall County has a population of around 31,000 as of the latest Census data.
- SNAP enrollment can fluctuate based on economic conditions and policy changes.
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 Marshall County, Kentucky.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of food insecurity and economic hardship within the local community, which is valuable information for policymakers, social service providers, and researchers.
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: This trend is used by policymakers, social service providers, and researchers to understand trends in poverty and food access within Marshall County, Kentucky, and to inform relevant policy decisions and resource allocation.
Q: Are there update delays or limitations?
A: The data may be subject to some delay in reporting and can fluctuate based on changes in economic conditions and policy.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Marshall County, KY (CBR21157KYA647NCEN), retrieved from FRED.