Estimate of People Age 0-17 in Poverty in Delaware
PEU18DE10000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,159.00
Year-over-Year Change
-15.24%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator measures the estimated number of people aged 0-17 living in poverty in the state of Delaware. Understanding childhood poverty rates is crucial for policymakers and social service providers.
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 People Age 0-17 in Poverty in Delaware tracks the population under 18 living below the federal poverty line in that state. This data point helps economists and social scientists analyze economic hardship and access to opportunity for Delaware's youngest residents.
Methodology
The data is calculated based on U.S. Census Bureau surveys and poverty thresholds.
Historical Context
This trend is used to inform policy decisions and resource allocation for programs aimed at reducing child poverty.
Key Facts
- Delaware's child poverty rate was 15.1% in 2021.
- Poverty disproportionately affects Black and Hispanic children in Delaware.
- Childhood poverty is linked to lower educational attainment and poorer health outcomes.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the estimated number of people aged 0-17 living below the federal poverty line in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: Understanding childhood poverty rates is crucial for policymakers, social service providers, and researchers analyzing economic hardship and access to opportunity for Delaware's youngest residents.
Q: How is this data collected or calculated?
A: The data is calculated based on U.S. Census Bureau surveys and poverty thresholds.
Q: How is this trend used in economic policy?
A: This trend is used to inform policy decisions and resource allocation for programs aimed at reducing child poverty in Delaware.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay as it relies on U.S. Census Bureau survey results.
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Citation
U.S. Federal Reserve, Estimate of People Age 0-17 in Poverty in Delaware (PEU18DE10000A647NCEN), retrieved from FRED.