Poverty Universe, Age 0-17 for Horry County, SC
PUA0T17SC45051A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65,110.00
Year-over-Year Change
19.76%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-17 for Horry County, SC measures the number of children under 18 living in poverty within Horry County, South Carolina. This metric is crucial for policymakers and researchers assessing the economic well-being of a local community.
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
This series represents the estimated number of individuals aged 0-17 residing in Horry County, South Carolina who are living below the federal poverty line. It provides a key indicator of child poverty levels in the region, which is an important factor in understanding socioeconomic conditions and informing policy decisions.
Methodology
The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.
Historical Context
This poverty metric is used by government agencies, nonprofits, and economic analysts to evaluate the effectiveness of anti-poverty programs and identify areas of need within the county.
Key Facts
- Horry County's child poverty rate was 19.5% in 2020.
- The Poverty Universe, Age 0-17 metric has been tracked since 2005.
- Poverty among children can have long-term impacts on education, health, and economic mobility.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-17 for Horry County, SC measures the number of children under 18 living in poverty within the county.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for policymakers and researchers assessing the economic well-being of the local community, as child poverty is an important indicator of socioeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.
Q: How is this trend used in economic policy?
A: This poverty metric is used by government agencies, nonprofits, and economic analysts to evaluate the effectiveness of anti-poverty programs and identify areas of need within the county.
Q: Are there update delays or limitations?
A: The Poverty Universe, Age 0-17 metric is updated annually, but there may be delays in the publication of the most recent data.
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Citation
U.S. Census Bureau, Poverty Universe, Age 0-17 for Horry County, SC (PUA0T17SC45051A647NCEN), retrieved from FRED.