Poverty Universe, All Ages for Johnston County, NC

PUAANC37101A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

239,437.00

Year-over-Year Change

40.24%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Johnston County, NC measures the total number of people living in poverty within the county. This data point is crucial for policymakers and economists to assess the economic well-being of the local population.

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 metric represents the total number of individuals of all ages residing in Johnston County, North Carolina who are classified as living below the federal poverty line. This statistic is widely used to evaluate the socioeconomic conditions and need for public assistance programs within the county.

Methodology

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

Historical Context

Trends in the Poverty Universe can inform local and state governments on resource allocation and policy decisions.

Key Facts

  • Johnston County, NC has a population of over 210,000 people.
  • The poverty rate in Johnston County was 11.4% in 2019.
  • Poverty data is crucial for determining eligibility and need for social programs.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages for Johnston County, NC measures the total number of individuals of all ages living below the federal poverty line within the county.

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

A: This data is vital for policymakers and economists to assess the economic well-being of the local population and inform decisions around resource allocation and social program implementation.

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: Trends in the Poverty Universe can help local and state governments make informed decisions about public assistance programs and resource distribution to address poverty within Johnston County.

Q: Are there update delays or limitations?

A: The Poverty Universe data is updated annually through the American Community Survey, so there may be a 1-year delay in the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Johnston County, NC (PUAANC37101A647NCEN), retrieved from FRED.