Poverty Universe, Age 5-17 related for Idaho
PUA5T17RID16000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
348,145.00
Year-over-Year Change
16.62%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the poverty universe for individuals aged 5-17 in the state of Idaho. It is an important indicator for policymakers and economists to understand the economic well-being of children and families in the state.
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 5-17 related for Idaho metric tracks the number of people aged 5-17 living in poverty-level households within the state. This data is used to assess the prevalence of child poverty and inform social programs and policy decisions.
Methodology
The data is collected through the U.S. Census Bureau's annual surveys.
Historical Context
This trend is closely monitored by government agencies, nonprofits, and economic analysts to gauge the economic health and needs of Idaho's youth population.
Key Facts
- The poverty universe includes individuals living in households with incomes below the federal poverty line.
- Childhood poverty is linked to long-term impacts on education, health, and economic mobility.
- Idaho had a child poverty rate of 13.5% in 2021 according to this metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals aged 5-17 living in poverty-level households in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the prevalence of child poverty and informing policies and programs to support Idaho's youth and families.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual surveys.
Q: How is this trend used in economic policy?
A: Government agencies, nonprofits, and economic analysts use this data to gauge the economic health and needs of Idaho's youth population and inform social programs and policy decisions.
Q: Are there update delays or limitations?
A: The data is released annually with a lag, and may not capture short-term fluctuations in poverty levels.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 5-17 related for Idaho (PUA5T17RID16000A647NCEN), retrieved from FRED.