SNAP Benefits Recipients in Lake County, TN
CBR47095TNA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,510.00
Year-over-Year Change
-34.66%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) recipients in Lake County, Tennessee. It is an important indicator of food insecurity and socioeconomic 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 Lake County, TN trend tracks the total number of individuals and households receiving federal SNAP food assistance benefits in this rural Tennessee county. This data provides insight into the prevalence of poverty and food access challenges within the local community.
Methodology
The data is collected and reported by the U.S. Census Bureau through its small-area income and poverty estimates program.
Historical Context
Monitoring SNAP participation helps policymakers and community organizations understand evolving needs and target resources effectively.
Key Facts
- Lake County has a population of around 7,500 people.
- SNAP participation rate in Lake County is over 30% of the total population.
- SNAP benefits provide crucial food assistance to low-income families in the county.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals and households receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Lake County, Tennessee.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP participation provides important insights into the prevalence of food insecurity and poverty within the local community, helping guide policy and resource allocation decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its small-area income and poverty estimates program.
Q: How is this trend used in economic policy?
A: Monitoring SNAP enrollment helps policymakers and community organizations understand evolving needs and target food assistance resources effectively in the Lake County area.
Q: Are there update delays or limitations?
A: The SNAP benefits data for Lake County is reported on an annual basis, so there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Lake County, TN (CBR47095TNA647NCEN), retrieved from FRED.