SNAP Benefits Recipients in Hancock County, TN
CBR47067TNA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,864.00
Year-over-Year Change
-29.02%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Hancock County, Tennessee. It provides insights into food insecurity and economic conditions 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 Hancock County, TN metric tracks the number of individuals and households receiving federal food assistance benefits in this rural Tennessee county. This data is used by policymakers, nonprofits, and researchers to analyze trends in poverty, food access, and the effectiveness of social safety net programs.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
SNAP utilization rates are closely monitored as an indicator of economic hardship and food insecurity at the local level.
Key Facts
- Hancock County has a population of around 6,700 people.
- In 2021, over 25% of Hancock County residents received SNAP benefits.
- SNAP enrollment in Hancock County has increased by 8% since 2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Hancock County, Tennessee.
Q: Why is this trend relevant for users or analysts?
A: SNAP utilization rates provide insights into local food insecurity and economic conditions, which is valuable information for policymakers, nonprofits, and researchers.
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: SNAP enrollment data is closely monitored as an indicator of economic hardship and food access at the local level, informing policy decisions.
Q: Are there update delays or limitations?
A: The data may have a several-month delay in reporting and may not capture all SNAP recipients due to survey limitations.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Hancock County, TN (CBR47067TNA647NCEN), retrieved from FRED.