Poverty Universe, Age 0-17 for Muhlenberg County, KY
PUA0T17KY21177A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,255.00
Year-over-Year Change
-4.85%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the population living below the poverty line among those aged 0-17 in Muhlenberg County, Kentucky. It provides crucial insights into the economic well-being of 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 metric tracks the number and percentage of children living in households with incomes below the federal poverty threshold in Muhlenberg County, Kentucky. This data point is a key indicator of economic hardship and opportunity for the county's youngest residents.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This metric is closely watched by policymakers, social service providers, and researchers to guide decisions around resource allocation and poverty alleviation programs.
Key Facts
- Muhlenberg County has a population of around 30,000 residents.
- The county's child poverty rate is significantly higher than the national average.
- Poverty has long-term impacts on child development and educational outcomes.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number and percentage of children aged 0-17 living in households with incomes below the federal poverty line in Muhlenberg County, Kentucky.
Q: Why is this trend relevant for users or analysts?
A: This data point is a crucial indicator of economic hardship and opportunity for a county's youngest residents, informing decisions around social services and poverty alleviation programs.
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: Policymakers, social service providers, and researchers closely monitor this metric to guide decisions around resource allocation and poverty reduction initiatives in Muhlenberg County.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and sampling methodologies of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Muhlenberg County, KY (PUA0T17KY21177A647NCEN), retrieved from FRED.