Estimated Percent of Related Children Age 5-17 in Families in Poverty for Oregon
PP5T17OR41000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.70
Year-over-Year Change
-40.93%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend tracks the estimated percentage of related children aged 5-17 living in families below the poverty line in the state of Oregon. It provides critical insight into child poverty levels and economic hardship within the state.
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 Related Children Age 5-17 in Families in Poverty for Oregon is a key indicator of economic well-being and financial distress among families with school-aged children. It is used by policymakers, researchers, and social service providers to assess the scale and geographic distribution of child poverty.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey and calculated as the proportion of related children aged 5-17 in families with incomes below the federal poverty threshold.
Historical Context
This trend is relevant for understanding social and economic conditions that impact child development, education, and family stability, informing policy decisions and resource allocation.
Key Facts
- The 2021 child poverty rate in Oregon was 14.2%.
- Oregon's child poverty rate is below the national average of 16.9%.
- Poverty disproportionately affects children of color in Oregon.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of related children aged 5-17 living in families with incomes below the federal poverty threshold in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insight into the scale and geographic distribution of child poverty, informing policies and programs aimed at supporting low-income families and promoting child well-being.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey and calculated as the proportion of related children aged 5-17 in families with incomes below the federal poverty level.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and social service providers to assess the economic conditions and hardships faced by families with school-aged children, informing decisions about resource allocation and program development.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year, and may be subject to sampling and estimation errors inherent in the American Community Survey.
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Citation
U.S. Federal Reserve, Estimated Percent of Related Children Age 5-17 in Families in Poverty for Oregon (PP5T17OR41000A156NCEN), retrieved from FRED.