Estimated Percent of People Under Age 5 in Poverty for Delaware
PP0T4DE10000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.50
Year-over-Year Change
-24.66%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend tracks the estimated percentage of people under age 5 living in poverty in the state of Delaware. It provides important insights into the well-being of young children and informs policy decisions affecting family economic security.
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 Estimated Percent of People Under Age 5 in Poverty for Delaware measures the share of children under 5 years old whose family income falls below the federal poverty line in that state. This indicator is a key metric for evaluating child and family economic hardship in Delaware.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on survey responses.
Historical Context
This trend is used by policymakers, researchers, and advocates to understand childhood poverty levels and inform programs and policies to support young families.
Key Facts
- Delaware's estimated child poverty rate was 17.9% in 2021.
- The U.S. overall child poverty rate was 16.9% in 2021.
- Childhood poverty is linked to long-term negative outcomes in health, education, and economic mobility.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of children under age 5 in Delaware whose family income falls below the federal poverty line.
Q: Why is this trend relevant for users or analysts?
A: Childhood poverty is a critical indicator of family economic security and child well-being, which informs policymaking and program design to support young families.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on survey responses.
Q: How is this trend used in economic policy?
A: Policymakers, researchers, and advocates use this trend to understand childhood poverty levels and inform programs and policies to support young families in Delaware.
Q: Are there update delays or limitations?
A: The data is updated annually, and may have a 1-2 year lag in availability.
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Citation
U.S. Census Bureau, Estimated Percent of People Under Age 5 in Poverty for Delaware (PP0T4DE10000A156NCEN), retrieved from FRED.