Estimate of People Age 0-17 in Poverty in Nebraska
PEU18NE31000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,447.00
Year-over-Year Change
-33.87%
Date Range
1/1/1989 - 1/1/2023
Summary
The 'Estimate of People Age 0-17 in Poverty in Nebraska' measures the number of children living below the poverty line in the state of Nebraska. This metric is crucial for policymakers and researchers to understand the economic well-being of Nebraska's youth population.
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 tracks the estimated number of Nebraska residents aged 0 to 17 who are living in households with incomes below the federal poverty threshold. It provides important insights into child poverty levels and can inform social programs and initiatives aimed at supporting low-income families and their children.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is widely used by economists, policymakers, and social service organizations to assess the economic challenges facing Nebraska's youth and to develop targeted interventions.
Key Facts
- Nebraska's child poverty rate was 13.9% in 2021.
- The number of children in poverty in Nebraska has declined since 2010.
- Child poverty is higher in rural areas of Nebraska compared to urban areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of people aged 0 to 17 living in households with incomes below the federal poverty threshold in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the economic well-being of Nebraska's youth population, which is important for policymakers, social service organizations, and researchers to understand and address child poverty in the state.
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 widely used by economists, policymakers, and social service organizations to assess the economic challenges facing Nebraska's youth and to develop targeted interventions and social programs to support low-income families and their children.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be some delays in the release of the most recent estimates.
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Citation
U.S. Federal Reserve, Estimate of People Age 0-17 in Poverty in Nebraska (PEU18NE31000A647NCEN), retrieved from FRED.