Poverty Universe, All Ages for Trempealeau County, WI
PUAAWI55121A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,418.00
Year-over-Year Change
7.23%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures the poverty universe, which includes all individuals of all ages residing in Trempealeau County, Wisconsin. Understanding poverty levels is crucial for policymakers and economists to assess economic well-being and guide 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
The poverty universe includes all persons, regardless of age, who are considered to be living in poverty based on the official poverty thresholds defined by the U.S. Census Bureau. This metric provides important insights into the economic conditions and social needs of a local area.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Poverty data informs policymakers and stakeholders on the allocation of social services and development initiatives.
Key Facts
- Trempealeau County, WI had a poverty universe of 10,305 in 2020.
- The poverty rate in Trempealeau County was 12.3% in 2020.
- Poverty data helps guide the allocation of social services and development programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the poverty universe, which includes all individuals of all ages residing in Trempealeau County, Wisconsin. It provides insights into the economic well-being and social needs of the local population.
Q: Why is this trend relevant for users or analysts?
A: Poverty data is crucial for policymakers and economists to assess economic conditions and guide the allocation of social services and development initiatives.
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: Poverty data informs policymakers and stakeholders on the allocation of social services and development initiatives to address the economic needs of the local population.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and limitations of the U.S. Census Bureau's American Community Survey.
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Citation
U.S. Census Bureau, Poverty Universe, All Ages for Trempealeau County, WI (PUAAWI55121A647NCEN), retrieved from FRED.