Poverty Universe, All Ages for Rowan County, NC
PUAANC37159A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147,555.00
Year-over-Year Change
10.30%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Rowan County, NC measures the total population living below the poverty line in Rowan County, North Carolina. This metric is crucial for understanding the economic well-being and social challenges faced by local communities.
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 Rowan County, NC represents the total number of individuals of all ages whose household income falls below the federally defined poverty threshold. This data is used by policymakers, researchers, and community organizations to assess the prevalence of poverty and target resources effectively.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This economic trend is vital for informing local and regional poverty alleviation programs and policies.
Key Facts
- Rowan County, NC has a population of around 140,000 people.
- The poverty rate in Rowan County is higher than the national average.
- Addressing poverty is a key priority for local policymakers and community organizations.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Rowan County, NC measures the total population living below the federally defined poverty line in Rowan County, North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the economic well-being and social challenges faced by the local community, and it informs policymaking and resource allocation to address poverty.
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: This economic trend is vital for informing local and regional poverty alleviation programs and policies.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Rowan County, NC (PUAANC37159A647NCEN), retrieved from FRED.