Poverty Universe, Age 0-17 for Erath County, TX
PUA0T17TX48143A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,935.00
Year-over-Year Change
8.25%
Date Range
1/1/1998 - 1/1/2023
Summary
This series measures the poverty universe for individuals aged 0-17 in Erath County, Texas. It provides valuable insights into the economic well-being of the county's youth population.
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 Erath County, Texas is a key indicator used by economists and policymakers to understand the socioeconomic status of the county's younger generation. It helps inform decisions and policies aimed at addressing childhood poverty and promoting economic opportunity.
Methodology
This data is collected and calculated by the U.S. Census Bureau.
Historical Context
Trends in the poverty universe can influence decisions and policies related to social services, education, and economic development programs.
Key Facts
- Erath County, TX has a population of over 42,000 people.
- The poverty universe for ages 0-17 in Erath County was 4,720 in 2020.
- The poverty rate for this age group was 17.3% in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the poverty universe, which represents the total number of individuals aged 0-17 living in poverty within Erath County, Texas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic well-being of Erath County's youth population, which can inform policy decisions and resource allocation aimed at addressing childhood poverty.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in the poverty universe for Erath County's youth can influence decisions and policies related to social services, education, and economic development programs in the region.
Q: Are there update delays or limitations?
A: The data is updated annually by the U.S. Census Bureau, and there may be some time lag in the availability of the most recent figures.
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Citation
U.S. Census Bureau, Poverty Universe, Age 0-17 for Erath County, TX (PUA0T17TX48143A647NCEN), retrieved from FRED.