SNAP Benefits Recipients in Knox County, ME
CBR23013MEA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,852.00
Year-over-Year Change
-44.86%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of recipients of Supplemental Nutrition Assistance Program (SNAP) benefits in Knox County, Maine. It provides insight into food insecurity and economic conditions in the region.
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, ME trend tracks the total number of individuals receiving federal SNAP food assistance in this Maine county. This data is used by policymakers and researchers to monitor poverty, food access, and the economic well-being of local communities.
Methodology
The data is collected by the U.S. Census Bureau through household surveys.
Historical Context
SNAP enrollment figures are closely watched as an indicator of economic hardship and the need for social services.
Key Facts
- Knox County had 3,400 SNAP recipients in 2021.
- SNAP enrollment in Knox County peaked at 4,100 in 2010.
- The SNAP recipient rate in Knox County is 13.5% as of the latest data.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Knox County, Maine.
Q: Why is this trend relevant for users or analysts?
A: SNAP enrollment data provides insight into food insecurity and economic conditions in the local community, which is valuable information for policymakers and researchers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through household surveys.
Q: How is this trend used in economic policy?
A: SNAP enrollment figures are closely monitored as an indicator of economic hardship and the need for social services in a given region.
Q: Are there update delays or limitations?
A: The data may have a delay of several months before being published.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Knox County, ME (CBR23013MEA647NCEN), retrieved from FRED.