Poverty Universe, All Ages for Morgan County, TN
PUAATN47129A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,675.00
Year-over-Year Change
2.21%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Morgan County, TN measures the total population living below the poverty line in this Tennessee county. This metric is crucial for understanding socioeconomic trends 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 metric represents the total number of individuals of all ages residing in Morgan County, Tennessee who are living below the federally defined poverty threshold. This data point is widely used by economists, policymakers, and social service providers to analyze regional poverty levels and inform targeted anti-poverty initiatives.
Methodology
The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.
Historical Context
This economic indicator is used to guide federal, state, and local funding and program allocations aimed at reducing poverty and improving quality of life.
Key Facts
- Morgan County, TN had a total population of 21,700 as of the latest Census.
- The Poverty Universe, All Ages metric reached 4,800 individuals in Morgan County in the most recent year.
- The poverty rate in Morgan County is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Morgan County, TN measures the total number of individuals of all ages living below the federal poverty line in this Tennessee county.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding regional socioeconomic conditions and informing anti-poverty policies and programs.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through comprehensive household surveys.
Q: How is this trend used in economic policy?
A: This indicator guides federal, state, and local funding and program allocations aimed at reducing poverty and improving quality of life.
Q: Are there update delays or limitations?
A: The data is published with a lag but provides a reliable snapshot of poverty levels in Morgan County, Tennessee.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Morgan County, TN (PUAATN47129A647NCEN), retrieved from FRED.