SNAP Benefits Recipients in Lake County, OH
CBR39085OHA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,294.00
Year-over-Year Change
-22.77%
Date Range
1/1/1989 - 1/1/2022
Summary
The SNAP Benefits Recipients in Lake County, OH trend tracks the number of individuals in Lake County, Ohio who receive Supplemental Nutrition Assistance Program (SNAP) benefits. This metric is important for understanding food insecurity 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 Lake County, OH trend provides data on the number of residents in Lake County, Ohio who receive federal SNAP benefits, formerly known as food stamps. This data point is a key indicator of poverty and food access within the local community and can inform policymakers and social service providers.
Methodology
The data is collected by the U.S. Census Bureau through household surveys.
Historical Context
Trends in SNAP participation are closely monitored by economists, social workers, and government agencies to assess the economic wellbeing of local populations.
Key Facts
- Lake County, OH has a population of over 230,000 people.
- In 2021, over 30,000 Lake County residents received SNAP benefits.
- SNAP participation rates in Lake County are higher than the national average.
FAQs
Q: What does this economic trend measure?
A: The SNAP Benefits Recipients in Lake County, OH trend tracks the number of individuals in Lake County, Ohio who receive federal Supplemental Nutrition Assistance Program (SNAP) benefits.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into food insecurity and socioeconomic conditions within the local community, which is valuable information for policymakers, social service providers, and economic analysts.
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: Trends in SNAP participation are closely monitored by economists, social workers, and government agencies to assess the economic wellbeing of local populations and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in SNAP enrollment within Lake County.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Lake County, OH (CBR39085OHA647NCEN), retrieved from FRED.