Poverty Universe, All Ages for Sonoma County, CA

PUAACA06097A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

475,638.00

Year-over-Year Change

-0.94%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Sonoma County, CA measures the total population living below the poverty line in the county. This statistic is crucial for understanding socioeconomic trends and informing public policy decisions.

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 indicator represents the number of individuals of all ages living in poverty within Sonoma County, California. It is an important metric used by economists, social scientists, and policymakers to assess the economic well-being and development of the local population.

Methodology

The data is collected through the U.S. Census Bureau's American Community Survey.

Historical Context

This poverty metric helps guide programs and initiatives aimed at reducing economic hardship and inequality in the region.

Key Facts

  • Sonoma County's poverty rate is below the national average.
  • Poverty disproportionately affects certain demographic groups in the county.
  • Local organizations use this data to target anti-poverty initiatives.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages for Sonoma County, CA measures the total population living below the poverty line in the county.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for understanding socioeconomic trends and informing public policy decisions aimed at reducing poverty and inequality in the region.

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 poverty metric helps guide programs and initiatives aimed at improving the economic well-being of Sonoma County residents.

Q: Are there update delays or limitations?

A: The data is subject to the update schedule and methodological constraints of the American Community Survey.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Sonoma County, CA (PUAACA06097A647NCEN), retrieved from FRED.