Poverty Universe, All Ages for Northampton County, VA
PUAAVA51131A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,811.00
Year-over-Year Change
-2.30%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, All Ages for Northampton County, VA metric measures the total number of individuals living below the poverty line in the county, providing insight into the economic well-being of the local population.
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 number of people of all ages living in poverty within Northampton County, Virginia. It is an important metric for understanding the overall economic landscape and development needs of the region.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and community organizations use this metric to identify areas of need and allocate resources effectively.
Key Facts
- Northampton County, VA has a population of around 11,700 as of 2020.
- The poverty rate in Northampton County is higher than the national average.
- Poverty disproportionately affects certain demographic groups in the county.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, All Ages for Northampton County, VA metric measures the total number of individuals living below the poverty line in the 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 needs of Northampton County, Virginia.
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 community organizations use this metric to identify areas of need and allocate resources effectively.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, All Ages for Northampton County, VA (PUAAVA51131A647NCEN), retrieved from FRED.