Poverty Universe, All Ages for Transylvania County, NC
PUAANC37175A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,735.00
Year-over-Year Change
2.34%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Transylvania County, NC measures the total population living below the poverty line in this North Carolina county. This key metric helps policymakers and economists understand the socioeconomic conditions and need for anti-poverty 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
The Poverty Universe, All Ages for Transylvania County, NC represents the total number of individuals of all ages living in households with income below the federal poverty threshold in this specific county. This statistic is widely used to analyze regional poverty levels and guide the allocation of social services and economic development initiatives.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty data informs federal, state, and local policies related to welfare, workforce development, and community investment.
Key Facts
- Transylvania County, NC has a population of around 34,000 people.
- The poverty rate in Transylvania County is below the national average.
- Poverty data helps target social programs to the most vulnerable communities.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Transylvania County, NC represents the total number of individuals of all ages living in households with income below the federal poverty threshold in this specific county.
Q: Why is this trend relevant for users or analysts?
A: Poverty data is crucial for understanding regional socioeconomic conditions and guiding the allocation of social services and economic development 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: Poverty data informs federal, state, and local policies related to welfare, workforce development, and community investment.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Transylvania County, NC (PUAANC37175A647NCEN), retrieved from FRED.