SNAP Benefits Recipients in Addison County, VT
CBR50001VTA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,918.00
Year-over-Year Change
-24.60%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Addison County, Vermont. It provides insight into food security and the socioeconomic well-being of the local population.
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 Addison County, VT trend tracks the number of individuals and households receiving federal SNAP benefits in this specific Vermont county. SNAP, formerly known as food stamps, is a key social assistance program that helps low-income families afford groceries and support their nutritional needs.
Methodology
The data is collected by the U.S. Census Bureau through household surveys.
Historical Context
This trend is closely monitored by policymakers, social service providers, and economic analysts to assess regional food insecurity and the efficacy of anti-poverty programs.
Key Facts
- SNAP benefits help over 40 million Americans afford groceries.
- Addison County has a population of around 37,000 people.
- Vermont has one of the highest SNAP participation rates in New England.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households in Addison County, Vermont that receive Supplemental Nutrition Assistance Program (SNAP) benefits, formerly known as food stamps.
Q: Why is this trend relevant for users or analysts?
A: The SNAP Benefits Recipients trend provides insight into food security and socioeconomic conditions in Addison County, which is important for policymakers, social service providers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys.
Q: How is this trend used in economic policy?
A: This trend is closely monitored to assess regional food insecurity and the effectiveness of anti-poverty programs like SNAP.
Q: Are there update delays or limitations?
A: The data may have update delays due to the time required for household surveys and Census Bureau processing.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Addison County, VT (CBR50001VTA647NCEN), retrieved from FRED.