Estimate of Related Children Age 5-17 in Families in Poverty for Virginia
PE5T17VA51000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169,137.00
Year-over-Year Change
-10.55%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the number of related children aged 5 to 17 living in families below the poverty line in the state of Virginia. It provides valuable insights into child poverty and economic well-being.
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 Virginia is a key indicator of the economic conditions and standard of living for families with school-aged children in the state. It is widely used by policymakers, researchers, and social service organizations to understand the scope of child poverty and inform policy decisions.
Methodology
This data is collected and calculated by the U.S. Census Bureau through household surveys.
Historical Context
The trend is often referenced in discussions of social welfare, education, and economic development policies.
Key Facts
- Virginia's child poverty rate was 14.1% in 2021.
- The number of related children aged 5-17 in poverty in Virginia has decreased since 2010.
- Child poverty disproportionately affects certain demographics in Virginia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of related children aged 5 to 17 living in families below the poverty line in the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic well-being of families with school-aged children in Virginia, which is critical information for policymakers, researchers, and social service organizations.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through household surveys.
Q: How is this trend used in economic policy?
A: This trend is often referenced in discussions of social welfare, education, and economic development policies in Virginia.
Q: Are there update delays or limitations?
A: The data is subject to the survey and publication schedules of the U.S. Census Bureau, which may result in periodic update delays.
Related Trends
All Employees: Leisure and Hospitality: Accommodation and Food Services in Virginia
SMU51000007072000001
Gross Domestic Product: Utilities (22) in Virginia
VAUTILNGSP
All Employees: Construction: Heavy and Civil Engineering Construction in Virginia
SMU51000002023700001SA
All Employees: State Government in Virginia
SMU51000009092000001A
Real Gross Domestic Product: Computer Systems Design and Related Services (5415) in Virginia
VACPUSYSDSGNRGSP
Real Gross Domestic Product: Nonmetallic Mineral Product Manufacturing (327) in Virginia
VANMMPMANRGSP
Citation
U.S. Census Bureau, Estimate of Related Children Age 5-17 in Families in Poverty for Virginia (PE5T17VA51000A647NCEN), retrieved from FRED.