SNAP Benefits Recipients in Iron County, WI
CBR55051WIA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
777.00
Year-over-Year Change
-22.99%
Date Range
1/1/1989 - 1/1/2022
Summary
This data series tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Iron County, Wisconsin. It is an important economic indicator for understanding social welfare and household food security 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 Iron County, WI data series measures the total number of individuals enrolled in the federal Supplemental Nutrition Assistance Program within this specific county. SNAP provides financial assistance to low-income households for purchasing nutritious foods, a key indicator of economic well-being and food security.
Methodology
The data is collected and reported by the U.S. Census Bureau's Small Area Income and Poverty Estimates (SAIPE) program.
Historical Context
This economic trend is closely monitored by policymakers, social service providers, and food security advocates to assess the financial health and need within Iron County communities.
Key Facts
- SNAP provides food assistance to over 38 million Americans.
- Iron County has a population of approximately 5,700 people.
- The SNAP participation rate in Iron County is 15.2%.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits in Iron County, Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: The SNAP Benefits Recipients data is an important indicator of economic well-being and food security within Iron County communities.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau's Small Area Income and Poverty Estimates (SAIPE) program.
Q: How is this trend used in economic policy?
A: This economic trend is closely monitored by policymakers, social service providers, and food security advocates to assess the financial health and need within Iron County.
Q: Are there update delays or limitations?
A: The SNAP Benefits data is published annually with a 1-2 year reporting lag.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Iron County, WI (CBR55051WIA647NCEN), retrieved from FRED.