Poverty Universe, Age 0-17 for Indian River County, FL
PUA0T17FL12061A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,791.00
Year-over-Year Change
-1.65%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the population living below the poverty level among those aged 0-17 in Indian River County, Florida. It provides crucial insights into the well-being and economic challenges facing the county's youth.
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 Poverty Universe, Age 0-17 for Indian River County, FL statistic represents the total number of individuals aged 0-17 living below the poverty threshold in this specific county. This metric is widely used by policymakers, researchers, and community organizations to assess economic disparities and guide targeted interventions.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is instrumental in understanding the socioeconomic dynamics and development needs within Indian River County, Florida.
Key Facts
- Indian River County, FL has a population of around 159,000 as of 2021.
- The poverty rate among 0-17 year olds in the county was 15.5% in 2020.
- The county's poverty rate for this age group is lower than the national average of 16.1%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total population aged 0-17 living below the poverty level in Indian River County, Florida.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the economic well-being and development needs of the county's youth, which informs policymaking and community initiatives.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and local organizations to assess poverty levels and guide targeted interventions to support the county's youth.
Q: Are there update delays or limitations?
A: The data is updated annually, with a typical 1-2 year delay between the reference year and publication.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Indian River County, FL (PUA0T17FL12061A647NCEN), retrieved from FRED.