SNAP Benefits Recipients in Knox County, IN
CBR18083INA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,181.00
Year-over-Year Change
-24.50%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Knox County, Indiana. It provides insight into food security and economic well-being within the county.
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 SNAP Benefits Recipients in Knox County, IN metric tracks the number of individuals enrolled in the federal SNAP program within this specific geographic area. SNAP is a vital social safety net that helps low-income households afford nutritious food.
Methodology
The data is collected by the U.S. Census Bureau through annual surveys of local SNAP program enrollment.
Historical Context
Policymakers and local organizations use this metric to understand trends in food insecurity and target economic development initiatives.
Key Facts
- Knox County had 7,700 SNAP recipients in 2021.
- SNAP enrollment in Knox County decreased by 5% from 2020 to 2021.
- The SNAP recipient rate in Knox County is 16%, higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of individuals enrolled in the federal Supplemental Nutrition Assistance Program (SNAP) within Knox County, Indiana.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment provides insight into food security and economic well-being within the county, which is useful for policymakers and local organizations.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through annual surveys of local SNAP program enrollment.
Q: How is this trend used in economic policy?
A: Policymakers and local organizations use this metric to understand trends in food insecurity and target economic development initiatives.
Q: Are there update delays or limitations?
A: The data is updated annually, so there may be a 1-year delay in the most recent information.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Knox County, IN (CBR18083INA647NCEN), retrieved from FRED.