SNAP Benefits Recipients in Woodford County, KY

CBR21239KYA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,728.00

Year-over-Year Change

-34.17%

Date Range

1/1/1989 - 1/1/2022

Summary

This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Woodford County, Kentucky. It provides insight into food security and socioeconomic 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 Woodford County, KY series tracks the monthly number of individuals receiving federal SNAP food assistance benefits in this Kentucky county. This metric is used by policymakers and researchers to analyze trends in local food insecurity and the economic well-being of low-income households.

Methodology

The data is collected and reported by the U.S. Census Bureau based on administrative records from state social services agencies.

Historical Context

SNAP enrollment data informs policy decisions around food assistance programs and helps identify areas with greater need for social support.

Key Facts

  • Woodford County, KY has a population of around 26,000 people.
  • SNAP enrollment peaked in Woodford County during the COVID-19 pandemic.
  • The county-level SNAP data is released with a 2-3 month delay.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of individuals in Woodford County, Kentucky who receive Supplemental Nutrition Assistance Program (SNAP) benefits each month.

Q: Why is this trend relevant for users or analysts?

A: SNAP enrollment data provides insight into food security and economic conditions at the county level, which is valuable for policymakers, researchers, and social service providers.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau based on administrative records from state social services agencies.

Q: How is this trend used in economic policy?

A: SNAP enrollment figures help inform decisions around food assistance programs and identify areas with greater need for social support.

Q: Are there update delays or limitations?

A: The county-level SNAP data is released with a 2-3 month delay compared to national-level figures.

Related Trends

Citation

U.S. Census Bureau, SNAP Benefits Recipients in Woodford County, KY (CBR21239KYA647NCEN), retrieved from FRED.