Poverty Universe, All Ages for Le Flore County, OK
PUAAOK40079A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47,787.00
Year-over-Year Change
-2.35%
Date Range
1/1/1998 - 1/1/2023
Summary
The 'Poverty Universe, All Ages for Le Flore County, OK' series measures the total population living below the poverty line in Le Flore County, Oklahoma. This metric is critical for understanding economic hardship and guiding policymakers' efforts to reduce poverty.
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
This series represents the total number of individuals of all ages living in households with income below the federal poverty threshold in Le Flore County, Oklahoma. It is an important indicator of economic well-being and development for this local area.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty data helps inform social welfare programs and economic development policies at the county and state level.
Key Facts
- Le Flore County, OK has a population of over 50,000 people.
- The poverty rate in Le Flore County is higher than the national average.
- Poverty data is crucial for allocating social services and development funds.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of individuals of all ages living in households with income below the federal poverty threshold in Le Flore County, Oklahoma.
Q: Why is this trend relevant for users or analysts?
A: Poverty data is critical for understanding economic hardship and guiding policymakers' efforts to reduce poverty and allocate social services effectively.
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 helps inform social welfare programs and economic development policies at the county and state level.
Q: Are there update delays or limitations?
A: The American Community Survey data is updated annually, so there may be a 1-year delay in the most recent poverty figures for Le Flore County.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Le Flore County, OK (PUAAOK40079A647NCEN), retrieved from FRED.