Poverty Universe, All Ages for Navarro County, TX
PUAATX48349A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54,242.00
Year-over-Year Change
14.97%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Navarro County, TX measures the total population living below the poverty line in this Texas county. This data is crucial for policymakers and economists to understand regional economic conditions and target social 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 economic trend represents the total number of individuals, regardless of age, living in poverty within Navarro County, Texas. The poverty universe includes all residents whose household income falls below the federal poverty threshold, a key metric used to evaluate economic well-being and need for social services.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Tracking poverty levels helps inform state and local policies aimed at reducing economic hardship and inequality.
Key Facts
- Navarro County had a poverty rate of 16.5% in 2021.
- The total poverty universe was 12,789 individuals.
- Poverty disproportionately affects children and the elderly in Navarro County.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Navarro County, TX measures the total number of individuals living below the federal poverty line in this Texas county.
Q: Why is this trend relevant for users or analysts?
A: Tracking poverty levels is crucial for policymakers and economists to understand regional economic conditions and target social programs to reduce economic hardship and inequality.
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 informs state and local policies aimed at providing social services and reducing economic inequality.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Navarro County, TX (PUAATX48349A647NCEN), retrieved from FRED.