Estimate of People Age 0-17 in Poverty in South Carolina
PEU18SC45000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
211,225.00
Year-over-Year Change
-27.87%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the estimated number of people aged 0-17 living in poverty in the state of South Carolina. It provides important data for policymakers and social service providers to understand poverty among children and families.
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 South Carolina is a key indicator of economic hardship and need within the state. It tracks the population under 18 that falls below the federally defined poverty threshold, helping to inform decisions around public assistance, education, and social programs.
Methodology
The data is calculated based on U.S. Census Bureau surveys and population estimates.
Historical Context
This metric is widely used by state and local governments, non-profits, and researchers to assess poverty levels and target resources.
Key Facts
- An estimated 19.2% of South Carolina's children lived in poverty in 2021.
- The child poverty rate in South Carolina is higher than the national average.
- Poverty disproportionately impacts certain racial and ethnic groups in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated number of people aged 0-17 living in poverty in the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important data for policymakers, social service providers, and researchers to understand poverty among children and families in South Carolina.
Q: How is this data collected or calculated?
A: The data is calculated based on U.S. Census Bureau surveys and population estimates.
Q: How is this trend used in economic policy?
A: This metric is widely used by state and local governments, non-profits, and researchers to assess poverty levels and target resources for public assistance, education, and social programs.
Q: Are there update delays or limitations?
A: The data is published annually with a delay, and may have limitations in its ability to capture the full scope of child poverty in the state.
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Citation
U.S. Federal Reserve, Estimate of People Age 0-17 in Poverty in South Carolina (PEU18SC45000A647NCEN), retrieved from FRED.