Estimated Percent of People Under Age 5 in Poverty for Idaho
PP0T4ID16000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.20
Year-over-Year Change
-48.03%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated percentage of individuals under age 5 living in poverty in the state of Idaho. Understanding child poverty levels is crucial for policymakers and economists assessing the well-being and economic security of families.
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 Estimated Percent of People Under Age 5 in Poverty for Idaho is a key indicator used to analyze the prevalence of child poverty within the state. This data provides insights into the economic challenges faced by young children and their families, which can inform policy decisions related to social services, education, and economic development.
Methodology
The U.S. Census Bureau collects this data through annual surveys and estimates the poverty rate for children under 5 in Idaho.
Historical Context
This trend is widely used by government agencies, nonprofits, and researchers to evaluate the effectiveness of anti-poverty programs and guide resource allocation.
Key Facts
- The latest data shows the poverty rate for Idaho children under 5 is 16.6%.
- Child poverty in Idaho is higher than the national average of 14.9%.
- Reducing child poverty is a key priority for policymakers in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of individuals under the age of 5 living in poverty within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: Understanding the prevalence of child poverty is crucial for policymakers and economists as it provides insights into the economic security and well-being of families with young children, which can inform policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through annual surveys and estimates the poverty rate for children under 5 in Idaho.
Q: How is this trend used in economic policy?
A: This trend is widely used by government agencies, nonprofits, and researchers to evaluate the effectiveness of anti-poverty programs and guide resource allocation.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Census Bureau, Estimated Percent of People Under Age 5 in Poverty for Idaho (PP0T4ID16000A156NCEN), retrieved from FRED.