Poverty Universe, Age 0-17 for Owsley County, KY

PUA0T17KY21189A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

901.00

Year-over-Year Change

-16.19%

Date Range

1/1/1998 - 1/1/2023

Summary

This trend measures the poverty rate for individuals aged 0-17 in Owsley County, Kentucky. Understanding childhood poverty rates is crucial for policymakers seeking to address economic disparities and invest in community development.

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 Owsley County, KY data series tracks the percentage of the population aged 0-17 living below the federal poverty line in this rural Kentucky county. This metric provides insights into the economic well-being of young people and can inform social programs and resource allocation.

Methodology

The data is collected through the U.S. Census Bureau's American Community Survey.

Historical Context

Poverty rates among children are a key indicator used by economists, social service providers, and government agencies to assess community needs and guide policy decisions.

Key Facts

  • Owsley County has one of the highest childhood poverty rates in the U.S.
  • The poverty rate for 0-17 year olds in Owsley County was 49.4% in 2019.
  • Poverty disproportionately impacts rural communities in Appalachia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the percentage of individuals aged 0-17 living below the federal poverty line in Owsley County, Kentucky.

Q: Why is this trend relevant for users or analysts?

A: Childhood poverty rates are a crucial indicator of community well-being and can inform social policies and resource allocation decisions.

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: Poverty rates among children are used by economists, social service providers, and government agencies to assess community needs and guide policy decisions.

Q: Are there update delays or limitations?

A: The data is subject to the update schedule and methodological limitations of the American Community Survey.

Related Trends

Citation

U.S. Census Bureau, Poverty Universe, Age 0-17 for Owsley County, KY (PUA0T17KY21189A647NCEN), retrieved from FRED.