Poverty Universe, All Ages for Wrangell Borough/City, AK
PUAAAK02275A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,043.00
Year-over-Year Change
-13.47%
Date Range
1/1/2009 - 1/1/2023
Summary
The Poverty Universe, All Ages for Wrangell Borough/City, AK metric measures the number of individuals living below the poverty line in this Alaskan municipality. This data provides critical insights into the economic well-being and social dynamics of the local 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
This series captures the total number of people of all ages living in poverty within the geographical boundaries of Wrangell Borough/City, Alaska. It serves as a key indicator for policymakers, social service providers, and researchers analyzing trends in income inequality, access to economic opportunities, and the overall standard of living in this community.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty data is essential for informing social policies, resource allocation, and economic development strategies at the local level.
Key Facts
- Wrangell Borough/City has a population of around 2,300 residents.
- The poverty rate in Wrangell Borough/City was 14.5% in 2020.
- Poverty data helps guide social service programs and economic development initiatives.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Wrangell Borough/City, AK metric measures the total number of individuals living below the poverty line in this Alaskan municipality.
Q: Why is this trend relevant for users or analysts?
A: This data provides critical insights into the economic well-being and social dynamics of the local population, informing policymakers, social service providers, and researchers on issues of income inequality and access to economic opportunities.
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: Poverty data is essential for informing social policies, resource allocation, and economic development strategies at the local level.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological constraints of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Wrangell Borough/City, AK (PUAAAK02275A647NCEN), retrieved from FRED.