Estimate of People Age 0-17 in Poverty in Indiana
PEU18IN18000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
234,986.00
Year-over-Year Change
-33.53%
Date Range
1/1/1989 - 1/1/2023
Summary
The 'Estimate of People Age 0-17 in Poverty in Indiana' series tracks the number of individuals under 18 living below the poverty line in the state of Indiana. This metric is crucial for understanding the well-being of Indiana's youth population and informing policy decisions.
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
This series provides an estimate of the number of Hoosiers under the age of 18 who are living in households with incomes below the federal poverty threshold. It is an important indicator of economic hardship and social inequality, used by policymakers, researchers, and advocacy groups to gauge the effectiveness of anti-poverty initiatives.
Methodology
The data is collected annually through the U.S. Census Bureau's American Community Survey.
Historical Context
Trends in child poverty are closely monitored by state and federal agencies to guide policy responses and social service programs.
Key Facts
- Indiana's child poverty rate was 18.7% in 2020.
- The number of Indiana children in poverty has declined since 2010.
- Poverty disproportionately affects minority and single-parent households in Indiana.
FAQs
Q: What does this economic trend measure?
A: The 'Estimate of People Age 0-17 in Poverty in Indiana' series tracks the number of individuals under 18 living below the federal poverty line in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the well-being of Indiana's youth population and informing policy decisions aimed at reducing child poverty and promoting economic opportunity.
Q: How is this data collected or calculated?
A: The data is collected annually through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Trends in child poverty are closely monitored by state and federal agencies to guide policy responses and social service programs.
Q: Are there update delays or limitations?
A: The data is released annually with a delay of approximately one year.
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Value of Exports to Canada from Indiana
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Number of Civilians Unemployed for 15 Weeks or Longer for Indiana
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Citation
U.S. Federal Reserve, Estimate of People Age 0-17 in Poverty in Indiana (PEU18IN18000A647NCEN), retrieved from FRED.