Estimated Percent of Related Children Age 5-17 in Families in Poverty for Mississippi
PP5T17MS28000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.50
Year-over-Year Change
-22.70%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the estimated percentage of related children aged 5-17 living in families below the poverty line in Mississippi. It provides valuable insights into the economic well-being of children and families in the state.
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 Mississippi is an important economic indicator that tracks the prevalence of child poverty in the state. It helps policymakers and researchers understand the challenges facing low-income families and inform policies and programs aimed at reducing poverty and improving child welfare.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is used by economists, policymakers, and social service providers to assess the economic conditions and needs of Mississippi's population.
Key Facts
- Mississippi has one of the highest child poverty rates in the U.S.
- The poverty rate for related children aged 5-17 in Mississippi was 28% in 2021.
- Reducing child poverty is a key priority for policymakers in Mississippi.
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 Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the economic well-being of children and families in Mississippi, which is crucial for informing social policies and programs aimed at reducing poverty and improving child welfare.
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 used by economists, policymakers, and social service providers to assess the economic conditions and needs of Mississippi's population, and to inform policies and programs aimed at reducing poverty and improving child welfare.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and limitations as the American Community Survey.
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Citation
U.S. Census Bureau, Estimated Percent of Related Children Age 5-17 in Families in Poverty for Mississippi (PP5T17MS28000A156NCEN), retrieved from FRED.