Poverty Universe, All Ages for Lewis County, NY
PUAANY36049A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,213.00
Year-over-Year Change
-1.96%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Lewis County, NY measures the total population living below the poverty line in Lewis County, New York. This economic indicator is important for understanding regional economic well-being and informing policy decisions.
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 Lewis County, NY tracks the total population living in poverty within the county, regardless of age. This statistic is a key measure of economic hardship and deprivation that can guide social services, community development, and anti-poverty initiatives.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and local governments use this metric to allocate resources and design programs to address poverty and income inequality.
Key Facts
- Lewis County has a population of around 27,000 people.
- The poverty rate in Lewis County was 14.5% as of the latest data.
- Poverty disproportionately impacts children and the elderly in the county.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Lewis County, NY measures the total population living below the federal poverty line within the county, regardless of age.
Q: Why is this trend relevant for users or analysts?
A: This statistic is crucial for understanding regional economic hardship and informing social services, community development, and anti-poverty initiatives in Lewis County.
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: Policymakers and local governments use this metric to allocate resources and design programs to address poverty and income inequality in Lewis County.
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 Lewis County, NY (PUAANY36049A647NCEN), retrieved from FRED.