SNAP Benefits Recipients in Martin County, NC
CBR37117NCA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,280.00
Year-over-Year Change
-4.98%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Martin County, North Carolina. Tracking SNAP participation is crucial for understanding social welfare program utilization and food insecurity levels at the local level.
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 Martin County, NC trend provides data on the total number of people receiving federal SNAP assistance, formerly known as food stamps, within this specific county. This metric is widely used by policymakers, social service providers, and researchers to evaluate the need for and impact of food aid programs in local communities.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
Trends in SNAP enrollment can inform policy decisions related to poverty, food access, and social service funding at state and local levels.
Key Facts
- Martin County, NC has a population of approximately 23,000 people.
- In 2021, there were over 5,000 SNAP recipients in Martin County.
- SNAP enrollment in Martin County has increased by 12% since 2016.
FAQs
Q: What does this economic trend measure?
A: The SNAP Benefits Recipients in Martin County, NC trend measures the total number of individuals receiving federal Supplemental Nutrition Assistance Program (SNAP) benefits, formerly known as food stamps, within Martin County, North Carolina.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP enrollment is crucial for understanding levels of food insecurity and the need for social welfare programs at the local level, which can inform policy decisions and resource allocation.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Trends in SNAP enrollment can help policymakers, social service providers, and researchers evaluate the effectiveness of food aid programs and make informed decisions about funding and resource allocation at the state and local levels.
Q: Are there update delays or limitations?
A: The SNAP Benefits Recipients data is published with some delay, typically several months after the end of the reference period, and may be subject to revisions.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Martin County, NC (CBR37117NCA647NCEN), retrieved from FRED.