Poverty Universe, All Ages for Hertford County, NC
PUAANC37091A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,038.00
Year-over-Year Change
-18.50%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Hertford County, NC measures the total population living below the poverty line in this North Carolina county. This statistic is crucial for policymakers and economists to assess economic well-being and target social programs.
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 living in poverty within Hertford County, North Carolina. The poverty universe includes all persons for whom poverty status can be determined, which excludes institutionalized persons, persons in military group quarters, and persons in college dormitories.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty data is used by government agencies, nonprofits, and economists to inform policy decisions and social program funding.
Key Facts
- Hertford County, NC has a population of over 21,000 people.
- The poverty rate in Hertford County is higher than the national average.
- Poverty data helps target social services and economic development programs.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Hertford County, NC measures the total population living below the poverty line in this North Carolina county.
Q: Why is this trend relevant for users or analysts?
A: Poverty data is crucial for policymakers and economists to assess economic well-being and target social programs in the region.
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 data is used by government agencies, nonprofits, and economists to inform policy decisions and social program funding.
Q: Are there update delays or limitations?
A: The American Community Survey data is released annually with some delay, but provides comprehensive poverty statistics for local areas.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Hertford County, NC (PUAANC37091A647NCEN), retrieved from FRED.