SNAP Benefits Recipients in Schoolcraft County, MI
CBR26153MIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,133.00
Year-over-Year Change
-19.47%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Schoolcraft County, Michigan. It is an important metric for understanding food insecurity and social welfare needs in the local area.
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 Schoolcraft County, MI trend provides data on the number of people in this county who are receiving federal food assistance. This metric is used by policymakers, social service providers, and researchers to assess the economic well-being of the local population and target resources to areas of greatest need.
Methodology
The data is collected by the U.S. Census Bureau through its annual Small Area Income and Poverty Estimates (SAIPE) program.
Historical Context
SNAP benefit data is closely monitored at the county level to inform policy decisions and funding for anti-poverty initiatives.
Key Facts
- Schoolcraft County, MI has a population of around 8,000 people.
- SNAP benefit recipients make up approximately 20% of the county's population.
- The SNAP participation rate in Schoolcraft County is higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Schoolcraft County, Michigan.
Q: Why is this trend relevant for users or analysts?
A: SNAP benefit data is a key indicator of food insecurity and economic well-being in a local area, helping to inform policy decisions and the allocation of social services.
Q: How is this data collected or calculated?
A: The data is collected annually by the U.S. Census Bureau through its Small Area Income and Poverty Estimates (SAIPE) program.
Q: How is this trend used in economic policy?
A: County-level SNAP data is closely monitored by policymakers and social service providers to target resources and funding for anti-poverty initiatives in areas of greatest need.
Q: Are there update delays or limitations?
A: The SAIPE data is published annually, with a slight delay from the reference year.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Schoolcraft County, MI (CBR26153MIA647NCEN), retrieved from FRED.