SNAP Benefits Recipients in Hill County, TX
CBR48217TXA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,609.00
Year-over-Year Change
-20.75%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend measures the number of Supplemental Nutrition Assistance Program (SNAP) benefit recipients in Hill County, Texas. Understanding SNAP participation is crucial for policymakers and economists to assess the level of food insecurity and need for social assistance in local communities.
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 Hill County, TX trend tracks the total number of individuals receiving federal SNAP benefits, commonly known as food stamps, in this specific county. SNAP is a vital social safety net program that helps low-income households afford nutritious food.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
Analyzing SNAP participation helps inform policy decisions around funding, eligibility, and program effectiveness.
Key Facts
- SNAP benefits provide an average of $126 per person per month.
- Participation spiked during the COVID-19 pandemic.
- Over 13% of Hill County residents receive SNAP benefits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Hill County, Texas.
Q: Why is this trend relevant for users or analysts?
A: Tracking SNAP participation is crucial for understanding food insecurity and the need for social assistance programs at the local level.
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 participation data informs policy decisions around program funding, eligibility, and effectiveness in addressing food insecurity.
Q: Are there update delays or limitations?
A: The data may have a short delay in reporting due to the time required for collection and processing.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Hill County, TX (CBR48217TXA647NCEN), retrieved from FRED.