Poverty Universe, Age 0-17 for Nebraska
PUA0T17NE31000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
473,544.00
Year-over-Year Change
4.97%
Date Range
1/1/1998 - 1/1/2023
Summary
The Poverty Universe, Age 0-17 for Nebraska measures the number of people aged 0 to 17 living in poverty within the state of Nebraska. This statistic is crucial for understanding the economic well-being of Nebraska's children and informing policies aimed at reducing child poverty.
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 economic indicator tracks the number of Nebraskans under 18 years old who are living in households with incomes below the federal poverty line. It provides important insights into the prevalence and distribution of childhood poverty, which can have long-lasting impacts on educational outcomes, health, and future economic prospects.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and social service organizations use this trend to guide resource allocation and develop targeted programs to support low-income families and improve child well-being in Nebraska.
Key Facts
- Nebraska's Poverty Universe, Age 0-17 was 127,890 in 2021.
- The childhood poverty rate in Nebraska was 13.4% in 2021.
- Childhood poverty disproportionately affects certain racial and ethnic groups in Nebraska.
FAQs
Q: What does this economic trend measure?
A: The Poverty Universe, Age 0-17 for Nebraska measures the number of people aged 0 to 17 living in households with incomes below the federal poverty line within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the prevalence and distribution of childhood poverty in Nebraska, which can inform social policies and programs aimed at supporting low-income families and improving child well-being.
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: Policymakers and social service organizations use this trend to guide resource allocation and develop targeted programs to support low-income families and improve child well-being in Nebraska.
Q: Are there update delays or limitations?
A: The data is typically updated annually, with a delay of about a year. There may be limitations in accurately capturing all individuals living in poverty, especially those in hard-to-reach or transient households.
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Citation
U.S. Federal Reserve, Poverty Universe, Age 0-17 for Nebraska (PUA0T17NE31000A647NCEN), retrieved from FRED.