Estimated Percent of People of All Ages in Poverty for Indiana
PPAAIN18000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.20
Year-over-Year Change
-22.78%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend measures the estimated percentage of people of all ages living in poverty in the state of Indiana. It provides important insights into the economic well-being of Hoosiers and helps inform policymakers and social service providers.
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 of All Ages in Poverty for Indiana is a key metric used to assess the prevalence of poverty within the state. It reflects the share of the total population living below the federal poverty threshold, which is an important indicator of economic hardship and need.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend is vital for understanding the socioeconomic challenges facing Indiana and informing policies and programs aimed at reducing poverty.
Key Facts
- The poverty rate in Indiana was 13.1% in 2021.
- Indiana's poverty rate is slightly higher than the national average.
- Poverty disproportionately affects certain demographics in Indiana, such as children and racial minorities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people of all ages living in poverty in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic well-being of Hoosiers and helps inform policymakers and social service providers about the prevalence of 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 vital for understanding the socioeconomic challenges facing Indiana and informing policies and programs aimed at reducing poverty.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in the release of the most recent estimates.
Related Trends
Real Personal Income: Metropolitan Portion for Indiana
INMPRPI
All Employees: Manufacturing: Durable Goods: Engine, Turbine, and Power Transmission Equipment Manufacturing in Indiana
SMU18000003133360001SA
Chain-Type Quantity Index for Real GDP: Amusement, Gambling, and Recreation Industries (713) in Indiana
INAMUSEQGSP
All Employees: Construction: Specialty Trade Contractors in Indiana
SMU18000002023800001A
Housing Inventory: Median Listing Price per Square Feet in Indiana
MEDLISPRIPERSQUFEEIN
Chain-Type Quantity Index for Real GDP: Fabricated Metal Product Manufacturing (332) in Indiana
INFABRMETQGSP
Citation
U.S. Federal Reserve, Estimated Percent of People of All Ages in Poverty for Indiana (PPAAIN18000A156NCEN), retrieved from FRED.