SNAP Benefits Recipients in Wayne County, KY
CBR21231KYA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,800.00
Year-over-Year Change
-12.76%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Wayne County, Kentucky. Understanding SNAP usage is important for policymakers assessing food insecurity and the effectiveness of social welfare programs.
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 Wayne County, KY trend tracks the total number of individuals receiving Supplemental Nutrition Assistance Program benefits in this rural Kentucky county. SNAP provides critical food assistance to low-income households and is a key indicator of economic hardship and food insecurity in local communities.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual Small Area Income and Poverty Estimates program.
Historical Context
SNAP participation data is widely used by economists, policymakers, and social service providers to understand poverty, design effective anti-hunger initiatives, and evaluate the impact of economic conditions on vulnerable populations.
Key Facts
- Wayne County, KY has a population of around 20,000 people.
- SNAP benefits provide an average of $126 per person per month in Kentucky.
- The SNAP recipient rate in Wayne County is consistently higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Wayne County, Kentucky.
Q: Why is this trend relevant for users or analysts?
A: SNAP participation is a key indicator of economic hardship and food insecurity in local communities, making this data highly relevant for policymakers, social service providers, and economists analyzing poverty and the effectiveness of social welfare programs.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its annual Small Area Income and Poverty Estimates program.
Q: How is this trend used in economic policy?
A: SNAP participation data is widely used by policymakers, economists, and social service providers to understand poverty, design effective anti-hunger initiatives, and evaluate the impact of economic conditions on vulnerable populations.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients data is released annually with a lag, so the most recent figures may not reflect the latest economic conditions.
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Citation
U.S. Census Bureau, SNAP Benefits Recipients in Wayne County, KY (CBR21231KYA647NCEN), retrieved from FRED.