Poverty Universe, All Ages for Cocke County, TN
PUAATN47029A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,155.00
Year-over-Year Change
5.56%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Cocke County, TN measures the total number of people living in poverty within Cocke County, Tennessee. This data is important for economists and policymakers to understand regional poverty levels and inform social welfare 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
This metric represents the total population living below the poverty line in Cocke County, Tennessee, without regard to age. It is a key indicator of economic hardship and a critical data point for assessing the need for anti-poverty initiatives and targeted social services at the local level.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Poverty data helps guide the allocation of federal and state funding for social programs aimed at reducing economic insecurity.
Key Facts
- Cocke County, TN had a total population of 35,501 in 2021.
- The poverty rate in Cocke County was 23.5% in 2021.
- Poverty disproportionately affects children in Cocke County.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Cocke County, TN measures the total number of people living below the poverty line in that county, regardless of age.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding regional poverty levels and informing the allocation of social welfare resources and anti-poverty programs.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual American Community Survey.
Q: How is this trend used in economic policy?
A: Poverty data helps guide federal and state funding for social programs aimed at reducing economic insecurity and improving quality of life.
Q: Are there update delays or limitations?
A: The data is updated annually, but there may be lags in availability depending on the release schedule of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Cocke County, TN (PUAATN47029A647NCEN), retrieved from FRED.