Poverty Universe, All Ages for Ben Hill County, GA
PUAAGA13017A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,771.00
Year-over-Year Change
-3.30%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Ben Hill County, GA measures the total population living below the poverty line within the county. This metric is crucial for assessing economic well-being and informing 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 in Ben Hill County, Georgia who have incomes below the federal poverty threshold. It is a key statistic used by economists and policymakers to evaluate the socioeconomic conditions and development needs of local communities.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty rates are closely monitored by government agencies and researchers to guide social programs and community investments.
Key Facts
- Ben Hill County has a population of around 17,000 people.
- The poverty rate in Ben Hill County is higher than the national average.
- Reducing poverty is a key priority for local policymakers in the region.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Ben Hill County, GA measures the total number of individuals living below the federal poverty line within the county.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing the economic well-being and development needs of the local community, and informs policy decisions aimed at reducing poverty.
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 rates are closely monitored by government agencies and researchers to guide social programs and community investments.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Ben Hill County, GA (PUAAGA13017A647NCEN), retrieved from FRED.