Poverty Universe, Age 0-17 for Kay County, OK
PUA0T17OK40071A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,594.00
Year-over-Year Change
-6.59%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the total number of people aged 0-17 living in poverty in Kay County, Oklahoma. Understanding poverty levels among children is crucial for policymakers and social service providers.
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 Kay County, OK metric tracks the total population under 18 years old living below the poverty line in this specific county. This data helps analysts and local governments assess the economic well-being and social support needs of young residents.
Methodology
The data is collected through the U.S. Census Bureau's annual Small Area Income and Poverty Estimates (SAIPE) program.
Historical Context
This poverty metric is widely used to inform policy decisions and allocate federal and state funding for social services and family assistance programs.
Key Facts
- Kay County, OK has a total population of around 45,000 residents.
- The child poverty rate in Kay County was 23.4% as of the latest data.
- Poverty disproportionately impacts younger residents in the county.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of people aged 0-17 living below the poverty line in Kay County, Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: Understanding poverty levels among children is crucial for policymakers and social service providers to assess community needs and allocate resources effectively.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual Small Area Income and Poverty Estimates (SAIPE) program.
Q: How is this trend used in economic policy?
A: This poverty metric is widely used to inform policy decisions and allocate federal and state funding for social services and family assistance programs.
Q: Are there update delays or limitations?
A: The SAIPE data has a one-year lag, with the latest figures reflecting the prior year's conditions.
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Citation
U.S. Census Bureau, Poverty Universe, Age 0-17 for Kay County, OK (PUA0T17OK40071A647NCEN), retrieved from FRED.