Estimate of Related Children Age 5-17 in Families in Poverty for Arizona
PE5T17AZ04000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
174,022.00
Year-over-Year Change
-41.00%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated number of related children aged 5-17 living in families in poverty in the state of Arizona. It provides important insights into the well-being of children and families in the state.
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 Estimate of Related Children Age 5-17 in Families in Poverty for Arizona represents the total number of children within this age group who are living in households with incomes below the federal poverty threshold. This metric is a key indicator of economic hardship and child welfare at the state level.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is closely monitored by policymakers, social service providers, and researchers to inform decisions and programs aimed at reducing child poverty.
Key Facts
- Arizona's estimate of related children aged 5-17 in families in poverty was 239,600 in 2021.
- The child poverty rate in Arizona was 16.5% in 2021, higher than the national average.
- Reducing child poverty is a key policy priority for the state of Arizona.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of related children aged 5-17 living in families with incomes below the federal poverty threshold in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the well-being of children and families in Arizona, and is closely monitored by policymakers, social service providers, and researchers to inform decisions and programs aimed at reducing child poverty.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, social service providers, and researchers to inform decisions and programs aimed at reducing child poverty in the state of Arizona.
Q: Are there update delays or limitations?
A: The data is updated annually by the U.S. Census Bureau, and may be subject to sampling and estimation errors.
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Citation
U.S. Federal Reserve, Estimate of Related Children Age 5-17 in Families in Poverty for Arizona (PE5T17AZ04000A647NCEN), retrieved from FRED.