Poverty Universe, All Ages for Lee County, NC

PUAANC37105A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

65,992.00

Year-over-Year Change

14.21%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Lee County, NC measures the total population living below the poverty line in this North Carolina county. This metric is crucial for policymakers and economists to understand regional economic conditions and target anti-poverty initiatives.

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 Lee County, NC represents the total number of individuals, regardless of age, living below the official federal poverty threshold in this specific geographic area. This data point is widely used to analyze the prevalence of poverty and guide the allocation of social services and development programs.

Methodology

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

Historical Context

Trends in the Poverty Universe help inform economic and social policies at the local, state, and national levels.

Key Facts

  • Lee County, NC had a Poverty Universe of 16,291 in 2021.
  • The Poverty Universe represents 18.2% of Lee County's total population.
  • Poverty rates tend to be higher in rural and exurban areas of the U.S.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages for Lee County, NC measures the total number of individuals living below the federal poverty line in this North Carolina county.

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

A: This metric is crucial for understanding regional economic conditions and guiding the allocation of social services and anti-poverty initiatives.

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 help inform economic and social policies at the local, state, and national levels.

Q: Are there update delays or limitations?

A: The Poverty Universe data is typically released with a 1-2 year lag and may be subject to sampling error.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Lee County, NC (PUAANC37105A647NCEN), retrieved from FRED.