Poverty Universe, All Ages for Henry County, MO
PUAAMO29083A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,172.00
Year-over-Year Change
1.22%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Henry County, MO measures the total population living below the poverty line in the county. This metric is crucial for understanding the socioeconomic conditions and resource needs of the local community.
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 statistic represents the total number of individuals of all ages residing in Henry County, Missouri who are classified as living in poverty according to the federal poverty threshold. This data point is widely used by policymakers, social service providers, and economic analysts to assess regional poverty levels and guide targeted interventions.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty metrics inform funding allocations, program planning, and policy decisions at the local and state level.
Key Facts
- Henry County, MO had a poverty rate of 15.7% in 2021.
- Poverty disproportionately affects children and the elderly in the county.
- The poverty rate in Henry County is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Henry County, MO measures the total population living below the federal poverty line in the county.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the socioeconomic conditions and resource needs of the local community, informing policy decisions and social service planning.
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 metrics like this one are used to guide funding allocations, program planning, and policy decisions at the local and state level.
Q: Are there update delays or limitations?
A: The data may have a 1-2 year lag due to the survey collection and processing timeline.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Henry County, MO (PUAAMO29083A647NCEN), retrieved from FRED.