SNAP Benefits Recipients in Virginia Beach city, VA
CBR51810VAA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,410.00
Year-over-Year Change
5.52%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Virginia Beach city, Virginia. It provides important insights into food security and economic conditions 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 Virginia Beach city, VA metric tracks the total number of individuals receiving federal nutrition assistance in this specific geographic area. This data point is used by policymakers, economists, and social service providers to understand trends in poverty, food insecurity, and the overall economic well-being of the local population.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual American Community Survey.
Historical Context
This metric is relevant for assessing the impact of economic conditions and social programs on low-income households in the Virginia Beach region.
Key Facts
- Virginia Beach has a population of over 450,000 as of 2021.
- SNAP enrollment in Virginia Beach peaked in 2013 at over 60,000 recipients.
- The SNAP recipient rate in Virginia Beach is lower 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 the city of Virginia Beach, Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into food security and economic conditions in the Virginia Beach region, which is valuable information for policymakers, social service providers, and economists.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its annual American Community Survey.
Q: How is this trend used in economic policy?
A: This metric is used to assess the impact of economic conditions and social programs on low-income households in the Virginia Beach area, informing policy decisions related to poverty, food assistance, and welfare.
Q: Are there update delays or limitations?
A: As this data is collected through the annual American Community Survey, there may be a delay of up to a year before the most recent figures are available.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Virginia Beach city, VA (CBR51810VAA647NCEN), retrieved from FRED.