Poverty Universe, Age 0-17 for District of Columbia
PUA0T17DC11000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125,357.00
Year-over-Year Change
19.99%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-17 for District of Columbia measures the number of individuals aged 0-17 living below the poverty line within the District of Columbia. This data provides important insights into the economic well-being of the region'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
This series tracks the total number of children and adolescents in the District of Columbia who are classified as living in poverty according to the official federal poverty threshold. Understanding trends in childhood poverty is crucial for policymakers and social service providers working to support vulnerable families and communities.
Methodology
The data is collected through the U.S. Census Bureau's annual American Community Survey.
Historical Context
Poverty rate statistics are widely used by government agencies, nonprofits, and researchers to guide policies and programs aimed at reducing economic hardship and inequality.
Key Facts
- The poverty rate for children in D.C. was 27.8% in 2021.
- Childhood poverty disproportionately affects Black and Hispanic communities in the District.
- D.C. has one of the highest child poverty rates among U.S. states and territories.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-17 for District of Columbia measures the total number of individuals aged 0-17 living below the federal poverty line within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: Understanding childhood poverty rates is crucial for policymakers, social service providers, and researchers working to address economic hardship and inequality in vulnerable communities.
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: Poverty rate statistics are widely used by government agencies, nonprofits, and researchers to guide policies and programs aimed at reducing economic hardship and inequality.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential sampling limitations of the American Community Survey.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for District of Columbia (PUA0T17DC11000A647NCEN), retrieved from FRED.