Poverty Universe, All Ages for Sawyer County, WI

PUAAWI55113A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18,262.00

Year-over-Year Change

12.67%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Sawyer County, WI tracks the total population living below the poverty line in this Wisconsin county. This metric is crucial for understanding economic well-being and informing policymakers.

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 data series represents the total number of individuals of all ages living in poverty within Sawyer County, Wisconsin. It is an important indicator of economic conditions and can help guide social programs and community development initiatives.

Methodology

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

Historical Context

Poverty trends are closely monitored by government agencies, nonprofits, and economists to assess regional economic health and target anti-poverty efforts.

Key Facts

  • Sawyer County, WI had a population of 16,558 in 2021.
  • The poverty rate in Sawyer County was 13.6% in 2021.
  • Poverty disproportionately affects children and the elderly in Sawyer County.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages for Sawyer County, WI tracks the total number of individuals living below the poverty line in this Wisconsin county.

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

A: Poverty data is crucial for understanding regional economic well-being and informing social programs and community development initiatives.

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 trends are closely monitored by government agencies, nonprofits, and economists to assess regional economic health and target anti-poverty efforts.

Q: Are there update delays or limitations?

A: The data is published annually with a delay, and may not capture short-term fluctuations in poverty.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Sawyer County, WI (PUAAWI55113A647NCEN), retrieved from FRED.