Poverty Universe, All Ages for Caldwell County, NC
PUAANC37027A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79,468.00
Year-over-Year Change
-2.30%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the total population living below the poverty line in Caldwell County, North Carolina, across all age groups. It provides important insights into the economic well-being and inequality within this 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 for Caldwell County, NC statistic represents the number of individuals of any age whose household income falls below the federally defined poverty threshold. This metric is a key indicator of economic distress and social challenges facing a region.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and community leaders use this trend to guide social programs and resource allocation.
Key Facts
- Caldwell County has a population of around 83,000.
- The poverty rate in Caldwell County is higher than the national average.
- Poverty disproportionately affects children and the elderly in this region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people of all ages living below the federal poverty line in Caldwell County, North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the economic challenges and social inequality within the Caldwell County community, which is vital information for policymakers and community leaders.
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 use this data to guide the allocation of social services and anti-poverty programs within Caldwell County.
Q: Are there update delays or limitations?
A: The data is updated annually, with a typical 1-year lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Caldwell County, NC (PUAANC37027A647NCEN), retrieved from FRED.