Poverty Universe, All Ages for Bolivar County, MS

PUAAMS28011A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

27,380.00

Year-over-Year Change

-14.87%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Bolivar County, MS measures the total population living below the poverty line in this county. This statistic is crucial for policymakers and economists analyzing regional economic well-being and social inequality.

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 series represents the total number of individuals of all ages residing in Bolivar County, Mississippi who are considered to be living in poverty based on the official federal poverty threshold. It provides important insights into the economic conditions and social challenges facing this specific geographic area.

Methodology

The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.

Historical Context

Poverty trends are closely monitored by government agencies, nonprofits, and economic researchers to inform policies and programs aimed at reducing economic hardship.

Key Facts

  • Bolivar County, MS has a population of over 30,000 residents.
  • The poverty rate in Bolivar County is significantly higher than the national average.
  • Reducing poverty is a key priority for local and state policymakers in Mississippi.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages for Bolivar County, MS measures the total number of individuals of all ages living below the federal poverty line in this specific county.

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

A: This poverty statistic provides crucial insights into the economic conditions and social challenges facing Bolivar County, which can inform policy decisions and targeted assistance programs.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.

Q: How is this trend used in economic policy?

A: Poverty data, such as the Poverty Universe for Bolivar County, is closely monitored by government agencies, nonprofits, and economic researchers to inform policies and programs aimed at reducing economic hardship and inequality.

Q: Are there update delays or limitations?

A: The Poverty Universe data is updated annually by the Census Bureau, with potential lags in data availability.

Related Trends

Citation

U.S. Census Bureau, Poverty Universe, All Ages for Bolivar County, MS (PUAAMS28011A647NCEN), retrieved from FRED.