Estimated Percent of Related Children Age 5-17 in Families in Poverty for Delaware
PP5T17DE10000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.70
Year-over-Year Change
-14.04%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic trend measures the estimated percentage of related children aged 5-17 living in families below the poverty line in the state of Delaware. It provides important insights into the economic well-being of Delaware'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
The Estimated Percent of Related Children Age 5-17 in Families in Poverty for Delaware tracks the share of Delaware's school-aged children living in low-income households. This metric is used by policymakers and researchers to assess family financial security and the efficacy of anti-poverty programs.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
This trend is relevant for understanding the economic challenges facing Delaware families and informing state policies aimed at reducing child poverty.
Key Facts
- Delaware's child poverty rate was 15.7% in 2021.
- The national child poverty rate was 16.9% in 2021.
- Poverty can negatively impact children's educational outcomes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of related children aged 5-17 living in families below the poverty line in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the economic well-being of Delaware's youth population and can inform policies aimed at reducing child poverty.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's annual American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the economic challenges facing Delaware families and informing state policies aimed at reducing child poverty.
Q: Are there update delays or limitations?
A: The data is updated annually, with the most recent year's information typically available a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Estimated Percent of Related Children Age 5-17 in Families in Poverty for Delaware (PP5T17DE10000A156NCEN), retrieved from FRED.