Poverty Universe, All Ages for Tom Green County, TX

PUAATX48451A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

115,615.00

Year-over-Year Change

8.03%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Tom Green County, TX measures the total number of people living in poverty in that county, providing insights into regional economic conditions.

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 indicator tracks the total population living below the poverty line in Tom Green County, Texas. It is an important metric for assessing the overall financial well-being and development of local communities.

Methodology

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

Historical Context

Policymakers and community organizations use this metric to inform decisions around social programs and resource allocation.

Key Facts

  • Tom Green County had a poverty population of 19,408 in 2021.
  • The poverty rate in Tom Green County was 15.7% in 2021.
  • Poverty levels in Tom Green County have remained relatively stable over the past decade.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages for Tom Green County, TX measures the total number of people living below the poverty line in that county.

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

A: This metric provides important insights into the overall economic well-being and development of the local community, which is crucial information for policymakers and community organizations.

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: Policymakers and community organizations use this metric to inform decisions around social programs and resource allocation aimed at addressing poverty in the region.

Q: Are there update delays or limitations?

A: The data is updated annually, and there may be a 1-2 year delay in the most recent figures being available.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Tom Green County, TX (PUAATX48451A647NCEN), retrieved from FRED.