SNAP Benefits Recipients in Woodward County, OK
CBR40153OKA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,725.00
Year-over-Year Change
2.17%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of people receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Woodward County, Oklahoma. It provides important insights into food security and economic well-being in the region.
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 Woodward County, OK trend tracks the monthly number of individuals enrolled in the federal SNAP program within this specific Oklahoma county. SNAP is a critical social safety net program that helps low-income households afford nutritious food.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This metric is used by policymakers, researchers, and local organizations to understand economic conditions and target social services.
Key Facts
- Woodward County has a population of around 20,000.
- SNAP enrollment in the county peaked in 2020 during the COVID-19 pandemic.
- Over 15% of Woodward County residents currently receive SNAP benefits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly number of individuals enrolled in the federal Supplemental Nutrition Assistance Program (SNAP) within Woodward County, Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment is a key indicator of food security and economic well-being in a local area, providing important insights for policymakers, researchers, and community organizations.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and local organizations use this metric to understand economic conditions and target social services and food assistance programs in Woodward County, Oklahoma.
Q: Are there update delays or limitations?
A: The SNAP enrollment data for Woodward County is reported on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Woodward County, OK (CBR40153OKA647NCEN), retrieved from FRED.