Estimated Percent of People Age 0-17 in Poverty for Idaho
PPU18ID16000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.30
Year-over-Year Change
-46.95%
Date Range
1/1/1989 - 1/1/2023
Summary
The 'Estimated Percent of People Age 0-17 in Poverty for Idaho' measures the proportion of children and adolescents living below the poverty line in the state of Idaho. This metric is crucial for understanding the economic well-being of Idaho's youth population and informing policy decisions.
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 series tracks the percentage of Idaho residents aged 0 to 17 years old who are living in households with incomes below the federal poverty threshold. It provides important insights into the prevalence of child poverty in the state and can help guide targeted programs and initiatives to support low-income families.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Policymakers and social service organizations use this metric to assess the need for and effectiveness of anti-poverty programs and interventions aimed at improving the lives of Idaho's children.
Key Facts
- Idaho's child poverty rate was 14.4% in 2021.
- The state's child poverty rate is below the national average of 16.9%.
- Child poverty disproportionately affects certain demographic groups in Idaho.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people aged 0 to 17 years old living in poverty in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the economic well-being of Idaho's youth population and informing policy decisions aimed at reducing child poverty in the state.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and social service organizations use this metric to assess the need for and effectiveness of anti-poverty programs and interventions aimed at improving the lives of Idaho's children.
Q: Are there update delays or limitations?
A: The data is released annually, and there may be a lag between the reference year and the publication date.
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Citation
U.S. Federal Reserve, Estimated Percent of People Age 0-17 in Poverty for Idaho (PPU18ID16000A156NCEN), retrieved from FRED.