Poverty Universe, All Ages for Santa Clara County, CA
PUAACA06085A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,838,183.00
Year-over-Year Change
3.10%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Santa Clara County, CA tracks the total population living below the poverty line in this region. This metric is crucial for policymakers and economists to understand socioeconomic conditions and develop targeted assistance 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, All Ages for Santa Clara County, CA represents the total number of individuals of all ages living below the federally defined poverty threshold in this California county. This data helps identify areas of need and informs policy decisions related to social services, affordable housing, and economic development.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and community organizations use this poverty data to allocate resources and design programs to support low-income residents.
Key Facts
- Santa Clara County has a total population of over 1.9 million.
- The poverty rate in Santa Clara County is below the national average.
- Poverty data helps target assistance to low-income communities.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Santa Clara County, CA tracks the total number of individuals of all ages living below the federal poverty line in this California county.
Q: Why is this trend relevant for users or analysts?
A: This poverty data is crucial for policymakers, social service providers, and community organizations to understand socioeconomic conditions, allocate resources, and design programs to support low-income residents.
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: Policymakers and community organizations use this poverty data to allocate resources and develop programs to support low-income residents in Santa Clara County.
Q: Are there update delays or limitations?
A: The data is updated annually through the American Community Survey, with a slight delay in publication.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Santa Clara County, CA (PUAACA06085A647NCEN), retrieved from FRED.