Poverty Universe, All Ages for Sabine Parish, LA

PUAALA22085A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

21,529.00

Year-over-Year Change

-10.43%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Sabine Parish, Louisiana measures the total population living below the poverty line in this specific geographic area. This metric is crucial for policymakers and researchers analyzing economic conditions and development needs.

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 data series tracks the total number of individuals of all ages residing in Sabine Parish, Louisiana who are classified as living in poverty according to the official federal poverty thresholds. It provides crucial insights into the economic well-being and social safety net requirements of this local community.

Methodology

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

Historical Context

Poverty data informs decision-making for social programs, infrastructure investment, and economic development initiatives at the state and local level.

Key Facts

  • Sabine Parish has a population of around 24,000 people.
  • The poverty rate in Sabine Parish is consistently higher than the national average.
  • Poverty data is crucial for allocating social services and economic development resources.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the total number of individuals of all ages residing in Sabine Parish, Louisiana who are classified as living in poverty according to federal poverty thresholds.

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

A: Poverty data is crucial for policymakers and researchers analyzing economic conditions and development needs in local communities.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Poverty data informs decision-making for social programs, infrastructure investment, and economic development initiatives at the state and local level.

Q: Are there update delays or limitations?

A: The American Community Survey data is released annually, so there may be a 1-year delay in the most recent information.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Sabine Parish, LA (PUAALA22085A647NCEN), retrieved from FRED.