Poverty Universe, Age 0-17 for Jim Wells County, TX
PUA0T17TX48249A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,371.00
Year-over-Year Change
-11.43%
Date Range
1/1/1998 - 1/1/2023
Summary
The 'Poverty Universe, Age 0-17 for Jim Wells County, TX' measures the number of children under 18 living in poverty within a specific Texas county. This data is crucial for policymakers and social service providers to understand regional poverty trends and allocate resources effectively.
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 economic series tracks the population of children aged 0-17 living below the poverty line in Jim Wells County, Texas. It provides insights into the economic well-being of families and communities, which is essential for informing social policies and programs aimed at reducing childhood poverty.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Policymakers and non-profit organizations use this data to identify areas of high need, allocate funding, and develop targeted interventions to support low-income families and children.
Key Facts
- Jim Wells County, TX has a population of approximately 41,000 people.
- The child poverty rate in Jim Wells County was 33.4% in 2020.
- Childhood poverty is linked to negative outcomes in education, health, and future economic prospects.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of children aged 0-17 living in poverty within Jim Wells County, Texas. It provides insights into the economic well-being of families and communities in the region.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for policymakers, social service providers, and community organizations to understand regional poverty trends and allocate resources effectively to support low-income families and children.
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: Policymakers and non-profit organizations use this data to identify areas of high need, allocate funding, and develop targeted interventions to support low-income families and children.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be a 1-2 year delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Jim Wells County, TX (PUA0T17TX48249A647NCEN), retrieved from FRED.