Poverty Universe, All Ages for Coleman County, TX

PUAATX48083A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7,778.00

Year-over-Year Change

-10.45%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Coleman County, TX measures the total population living below the poverty line in this Texas county. This statistic is crucial for policymakers and economists to understand regional economic well-being and allocate resources effectively.

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, regardless of age, residing in Coleman County, Texas who have incomes below the federal poverty threshold. It is an important indicator of local economic conditions and can inform decisions around social programs, infrastructure investments, and economic development initiatives.

Methodology

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

Historical Context

Policymakers and market analysts use this statistic to gauge the financial health and need within a specific geographic area.

Key Facts

  • Coleman County, TX has a population of around 8,500 people.
  • The poverty rate in Coleman County is above the national average.
  • Poverty data helps target social services and economic development programs.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages for Coleman County, TX measures the total population living below the federal poverty line in this Texas county.

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

A: This statistic is crucial for policymakers and economists to understand regional economic well-being and allocate resources 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: Policymakers and market analysts use this statistic to gauge the financial health and need within a specific geographic area, informing decisions around social programs, infrastructure, and economic development.

Q: Are there update delays or limitations?

A: The data may have lags or limitations due to the sampling and estimation methods used by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Coleman County, TX (PUAATX48083A647NCEN), retrieved from FRED.