Poverty Universe, All Ages for Clark County, IN
PUAAIN18019A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123,841.00
Year-over-Year Change
12.70%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Clark County, IN measures the total population in Clark County, Indiana living below the poverty line. This metric is crucial for policymakers and economists to understand the economic well-being and social challenges facing local communities.
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 Clark County, IN tracks the total number of individuals of all ages in Clark County, Indiana whose household income falls below the federal poverty threshold. This statistic provides important insights into the scale and distribution of poverty in the region, which informs social welfare programs and economic development initiatives.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and community organizations utilize this poverty data to allocate resources and design interventions targeted at lifting residents out of economic hardship.
Key Facts
- Clark County, IN has a population of over 121,000 people.
- The poverty rate in Clark County, IN was 12.5% as of the latest data.
- Poverty disproportionately affects children and the elderly in Clark County.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Clark County, IN measures the total population in Clark County, Indiana living below the federal poverty line.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the economic well-being and social challenges facing the local community, informing policymaking and resource allocation.
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 utilize this poverty data to design interventions and allocate resources targeted at lifting residents out of economic hardship.
Q: Are there update delays or limitations?
A: The poverty data is updated annually as part of the American Community Survey, with some delay in availability.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Clark County, IN (PUAAIN18019A647NCEN), retrieved from FRED.