Estimate of Related Children Age 5-17 in Families in Poverty for District of Columbia
PE5T17DC11000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,387.00
Year-over-Year Change
-16.74%
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 within the District of Columbia. It provides important insights into child poverty levels and economic hardship 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 Estimate of Related Children Age 5-17 in Families in Poverty for District of Columbia is a key statistic that helps economists and policymakers understand the socioeconomic conditions and well-being of children in the nation's capital. It is used to inform social programs and target resources to support low-income families.
Methodology
This data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
The trend is utilized by government agencies, nonprofits, and researchers to analyze poverty, income inequality, and the effectiveness of anti-poverty initiatives.
Key Facts
- The District of Columbia has the highest child poverty rate in the United States.
- Poverty disproportionately affects children of color in the District of Columbia.
- Reducing child poverty is a key policy goal for the District government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of related children aged 5-17 living in families in poverty within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into child poverty levels and economic hardship in the nation's capital, which is crucial for informing social programs and targeting resources to support low-income families.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: The trend is utilized by government agencies, nonprofits, and researchers to analyze poverty, income inequality, and the effectiveness of anti-poverty initiatives in the District of Columbia.
Q: Are there update delays or limitations?
A: The data is updated annually by the U.S. Census Bureau, with some delay in availability.
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Citation
U.S. Federal Reserve, Estimate of Related Children Age 5-17 in Families in Poverty for District of Columbia (PE5T17DC11000A647NCEN), retrieved from FRED.