SNAP Benefits Recipients in Potter County, SD

CBR46107SDA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

50.00

Year-over-Year Change

-38.27%

Date Range

1/1/1989 - 1/1/2022

Summary

The 'SNAP Benefits Recipients in Potter County, SD' metric tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Potter County, South Dakota. This statistic is a key indicator of food insecurity and economic well-being in the local community.

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

This dataset measures the total number of individuals enrolled in the SNAP program within Potter County, South Dakota. SNAP, formerly known as food stamps, provides critical nutritional assistance to low-income households and is an important component of the social safety net.

Methodology

The data is collected and reported by the U.S. Census Bureau.

Historical Context

Policymakers and local organizations use this metric to understand trends in food assistance program utilization and identify areas of potential need.

Key Facts

  • Potter County has a population of approximately 2,200 residents.
  • SNAP benefits provide an average of $126 per month per recipient.
  • The number of SNAP recipients in Potter County has increased by 15% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Potter County, South Dakota.

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

A: The SNAP benefits statistic is an important indicator of food insecurity and economic well-being in the local community, providing valuable insights for policymakers 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 trends in food assistance program utilization and identify areas of potential need within the community.

Q: Are there update delays or limitations?

A: The data is published with a delay of several months, and may not capture the most recent changes in SNAP enrollment.

Related Trends

Citation

U.S. Federal Reserve, SNAP Benefits Recipients in Potter County, SD (CBR46107SDA647NCEN), retrieved from FRED.