Poverty Universe, Age 0-17 for Maverick County, TX
PUA0T17TX48323A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,673.00
Year-over-Year Change
-2.97%
Date Range
1/1/1998 - 1/1/2023
Summary
This series measures the poverty universe for individuals aged 0-17 in Maverick County, Texas. It provides crucial insights into child poverty levels in the region, which is an important indicator for policymakers and social welfare programs.
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, as defined by the U.S. Census Bureau. This metric is widely used by economists and government agencies to assess economic well-being and target resources for low-income families and children.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Policymakers and community organizations utilize this data to understand trends in child poverty and develop targeted interventions and social programs.
Key Facts
- Maverick County has a population of over 58,000 as of the latest data.
- The poverty rate for children aged 0-17 in Maverick County is significantly higher than the national average.
- This metric is used to guide the allocation of federal and state funding for anti-poverty programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the poverty universe, or the total population living below the poverty line, for individuals aged 0-17 in Maverick County, Texas.
Q: Why is this trend relevant for users or analysts?
A: Child poverty is a critical indicator of economic well-being and a key factor in the development of effective social welfare policies and programs.
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 community organizations use this data to understand trends in child poverty and develop targeted interventions and social programs.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the American Community Survey.
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Citation
U.S. Census Bureau, Poverty Universe, Age 0-17 for Maverick County, TX (PUA0T17TX48323A647NCEN), retrieved from FRED.