SNAP Benefits Recipients in Hennepin County, MN
CBR27053MNA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116,411.00
Year-over-Year Change
-7.10%
Date Range
1/1/1989 - 1/1/2022
Summary
This trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Hennepin County, Minnesota. It provides crucial insights into food security and the socioeconomic 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 Hennepin County, MN trend tracks the number of individuals and households receiving federal SNAP benefits, which help low-income families afford nutritious food. This data is used by policymakers, researchers, and community organizations to understand the state of food insecurity and target resources effectively.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of local government and social service agencies.
Historical Context
This trend is relevant for analyzing the economic and social well-being of Hennepin County and informing policies and programs aimed at addressing food insecurity.
Key Facts
- Hennepin County is the most populous county in Minnesota.
- SNAP benefits provide an average of $126 per person per month in Hennepin County.
- The number of SNAP recipients in Hennepin County has increased by 20% since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households in Hennepin County, Minnesota that receive Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into food security and socioeconomic conditions in Hennepin County, which can inform policymaking and resource allocation to address food insecurity.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of local government and social service agencies.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, researchers, and community organizations to analyze the state of food insecurity in Hennepin County and inform policies and programs aimed at addressing this issue.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may have a short delay in reporting compared to real-time conditions.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Hennepin County, MN (CBR27053MNA647NCEN), retrieved from FRED.