Estimated Percent of People Age 0-17 in Poverty for Wisconsin
PPU18WI55000A156NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.80
Year-over-Year Change
-30.43%
Date Range
1/1/1989 - 1/1/2023
Summary
This trend estimates the percentage of people aged 0-17 living in poverty in the state of Wisconsin. It provides key insights into child poverty levels and socioeconomic well-being.
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 Wisconsin is a statistical indicator that tracks the share of the state's youth population living below the poverty line. It is an important metric for evaluating the economic conditions and social support systems affecting families and children.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
This trend informs policy decisions and resource allocation aimed at reducing child poverty and promoting family financial stability.
Key Facts
- Wisconsin's child poverty rate was 13.4% in 2020.
- The state's youth poverty level is lower than the national average.
- Poverty disproportionately affects certain demographic groups in Wisconsin.
FAQs
Q: What does this economic trend measure?
A: This trend measures the estimated percentage of people aged 0-17 living in poverty within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the economic well-being of Wisconsin's youth population and informs policy decisions 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 American Community Survey.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and social service providers to allocate resources and develop programs to support families and children in poverty.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be a 1-2 year lag in the most recent information.
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Citation
U.S. Federal Reserve, Estimated Percent of People Age 0-17 in Poverty for Wisconsin (PPU18WI55000A156NCEN), retrieved from FRED.