Poverty Universe, Age 0-17 for Bayfield County, WI
PUA0T17WI55007A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,673.00
Year-over-Year Change
-3.01%
Date Range
1/1/1998 - 1/1/2023
Summary
This series measures the population of people aged 0-17 living in poverty in Bayfield County, Wisconsin. It provides key insights into the economic well-being and demographics of the local 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 Bayfield County, WI data series tracks the number of children and adolescents living below the poverty line in this specific county. This metric is used by policymakers, researchers, and community organizations to understand regional poverty trends and target resources effectively.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This economic indicator is valuable for assessing the socioeconomic conditions and development needs of local communities.
Key Facts
- Bayfield County has a population of around 15,000 people.
- The poverty rate for youth aged 0-17 in Bayfield County is over 20%.
- Poverty can negatively impact child development and educational outcomes.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of people aged 0-17 living in poverty in Bayfield County, Wisconsin. It provides insights into the economic well-being of the local youth population.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding regional poverty dynamics and informing policy decisions to support vulnerable youth and families in the community.
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 indicator is used by policymakers, researchers, and community organizations to assess socioeconomic conditions and target resources to address poverty and support child development.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological constraints of the American Community Survey.
Related Trends
Poverty Universe, Age 0-17 for Dukes County, MA
PUA0T17MA25007A647NCEN
Poverty Universe, Age 5-17 related for Orangeburg County, SC
PUA5T17RSC45075A647NCEN
Poverty Universe, Age 5-17 related for Yadkin County, NC
PUA5T17RNC37197A647NCEN
Poverty Universe, All Ages for Carroll County, OH
PUAAOH39019A647NCEN
Poverty Universe, Age 0-17 for Hopewell City, VA
PUA0T17VA51670A647NCEN
Poverty Universe, All Ages for Grant County, NM
PUAANM35017A647NCEN
Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Bayfield County, WI (PUA0T17WI55007A647NCEN), retrieved from FRED.