Poverty Universe, Age 0-17 for Barron County, WI
PUA0T17WI55005A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,599.00
Year-over-Year Change
-2.25%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the poverty universe for individuals aged 0-17 in Barron County, Wisconsin. It provides valuable insights into the well-being and economic status 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 Barron County, WI metric tracks the number of individuals aged 0-17 living within the poverty threshold in the county. This data point is crucial for understanding the socioeconomic landscape and identifying areas that may require targeted assistance programs.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used by policymakers, social service providers, and economic analysts to inform decision-making and resource allocation.
Key Facts
- Barron County, WI has a population of around 45,000 people.
- The poverty rate for individuals aged 0-17 in Barron County is 12.4%.
- The Poverty Universe, Age 0-17 metric has been tracked since 2013.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals aged 0-17 living within the poverty threshold in Barron County, Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the well-being and economic status of the youth population in Barron County, which can inform social and economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, social service providers, and economic analysts to inform decision-making and resource allocation aimed at addressing poverty and supporting the county's youth population.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting due to the Census Bureau's data collection and processing timeline.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Barron County, WI (PUA0T17WI55005A647NCEN), retrieved from FRED.