Poverty Universe, All Ages for Claiborne County, TN

PUAATN47025A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

31,293.00

Year-over-Year Change

1.44%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Claiborne County, TN metric tracks the total population living below the poverty line in this Tennessee county. This key economic indicator is crucial for policymakers and analysts seeking to understand regional poverty trends.

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 measures the total number of individuals of all ages living in households with income below the federal poverty threshold in Claiborne County, Tennessee. It is an important statistic for assessing economic well-being and need within this specific geographic area.

Methodology

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

Historical Context

Poverty data informs social programs, infrastructure investments, and economic development efforts at the local and state level.

Key Facts

  • Claiborne County has a total population of around 31,000 people.
  • The poverty rate in Claiborne County is significantly higher than the national average.
  • Poverty data is crucial for directing social services and economic development programs.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total number of individuals of all ages living below the federal poverty line in Claiborne County, Tennessee.

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

A: Poverty data is a key indicator of economic well-being and need within a specific geographic region, informing policy decisions and resource allocation.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Poverty statistics help guide social programs, infrastructure investments, and economic development efforts at the local and state level.

Q: Are there update delays or limitations?

A: The data is published annually with a slight delay, and may be subject to statistical sampling error within smaller geographic areas.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Claiborne County, TN (PUAATN47025A647NCEN), retrieved from FRED.