Poverty Universe, All Ages for Mason County, TX
PUAATX48319A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,924.00
Year-over-Year Change
-1.28%
Date Range
1/1/1998 - 1/1/2023
Summary
The 'Poverty Universe, All Ages for Mason County, TX' measures the number of individuals living below the federal poverty line in Mason County, Texas. This key economic indicator provides insights into the economic well-being and development of the local community.
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 persons of all ages living in poverty within the geographical boundaries of Mason County, Texas. Tracking this metric is crucial for policymakers and community leaders to understand the socioeconomic conditions and target interventions to alleviate poverty.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This poverty metric is widely used to inform policy decisions and evaluate the impact of social programs at the local and regional level.
Key Facts
- The poverty universe includes individuals of all ages.
- Mason County is located in the U.S. state of Texas.
- The data is sourced from the American Community Survey.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals of all ages living below the federal poverty line in Mason County, Texas.
Q: Why is this trend relevant for users or analysts?
A: Tracking poverty rates at the local level is crucial for policymakers and community leaders to understand socioeconomic conditions and develop targeted interventions to alleviate poverty.
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: This poverty metric is widely used to inform policy decisions and evaluate the impact of social programs at the local and regional level.
Q: Are there update delays or limitations?
A: The data is updated annually as part of the American Community Survey, and may be subject to sampling and estimation limitations.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Mason County, TX (PUAATX48319A647NCEN), retrieved from FRED.