Poverty Universe, Age 0-17 for Cotton County, OK
PUA0T17OK40033A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,222.00
Year-over-Year Change
-16.64%
Date Range
1/1/1998 - 1/1/2023
Summary
This series measures the poverty universe, which includes the population aged 0-17 in Cotton County, Oklahoma. It is a key indicator used by economists and policymakers to assess the economic well-being and socioeconomic conditions of children in this specific geographic area.
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 represents the total population living below the poverty line, which is an important metric for understanding the scale and distribution of poverty. This data can inform decisions around social programs, economic development initiatives, and policies aimed at reducing child poverty.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This trend is widely used by government agencies, non-profits, and researchers to analyze poverty trends and guide policy interventions.
Key Facts
- Cotton County, OK has a population of approximately 33,000.
- The poverty rate for children aged 0-17 in Cotton County is 20.5%.
- Poverty among children is a key indicator of economic hardship and social inequality.
FAQs
Q: What does this economic trend measure?
A: This trend measures the poverty universe, which includes the total population aged 0-17 living below the poverty line in Cotton County, Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the scale and distribution of child poverty, which is a key indicator of economic well-being and social inequality in a specific geographic area.
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: This trend is widely used by government agencies, non-profits, and researchers to analyze poverty trends and guide policy interventions aimed at reducing child poverty.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be a 1-2 year delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Cotton County, OK (PUA0T17OK40033A647NCEN), retrieved from FRED.