Estimated Percent of People Age 0-17 in Poverty for District of Columbia
PPU18DC11000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.70
Year-over-Year Change
-33.01%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend estimates the percentage of people aged 0-17 living in poverty in the District of Columbia. It provides important insights into child and family well-being in the nation's capital.
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 Age 0-17 in Poverty for District of Columbia tracks the share of the youth population living below the poverty line in DC. This key metric helps policymakers and researchers understand economic hardship and inequality affecting children and families.
Methodology
The data is calculated by the U.S. Census Bureau using survey responses and statistical modeling.
Historical Context
This poverty indicator informs policies and programs aimed at reducing child poverty and improving social outcomes.
Key Facts
- Over 1 in 5 children in DC live in poverty.
- Poverty disproportionately affects minority and low-income communities in the capital.
- Reducing child poverty is a key policy goal for local and federal governments.
FAQs
Q: What does this economic trend measure?
A: This trend estimates the percentage of people aged 0-17 living below the poverty line in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into child and family well-being, informing policies and programs aimed at reducing poverty and inequality.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau using survey responses and statistical modeling.
Q: How is this trend used in economic policy?
A: This poverty indicator is used by policymakers, researchers, and institutions to develop and evaluate policies and programs targeted at reducing child poverty.
Q: Are there update delays or limitations?
A: There may be delays in data availability due to the time required for survey collection and statistical processing.
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Citation
U.S. Federal Reserve, Estimated Percent of People Age 0-17 in Poverty for District of Columbia (PPU18DC11000A156NCEN), retrieved from FRED.