Federal Reserve Economic Data

Table Data - Poverty Universe, All Ages for Franklin County, NC

Title Poverty Universe, All Ages for Franklin County, NC
Series ID PUAANC37069A647NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Persons
Date Range 1998-01-01 to 2022-01-01
Last Updated 2023-12-14 1:15 PM CST
Notes The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.

Poverty universe is one of the data sources used in producing SAIPE program estimates, it is made up of persons for whom the Census Bureau can determine poverty status (either "in poverty" or "not in poverty"). The definition of poverty universe for SAIPE estimates is the same for 2006 and beyond and conceptually matches the poverty universe of the American Community Survey (ACS). The poverty universe estimates are not the same as the population estimates from the Census Bureau's Population Estimates Program. Instead, they are derived estimates that differ from population estimates in the following ways:
1. The poverty universe does not include children under the age of 15 who are not related to a reference person within the household by way of birth, marriage or adoption (for example, foster children). The reason is that Census Bureau surveys typically ask income questions only of persons age 15 or older and those under 15 related to a reference person within the household.
2. Beginning with 2006, the poverty universe includes group quarters populations only for noninstitutionalized group quarters, not elsewhere classified. Residents of college dormitories, military housing, and all institutional group quarters populations are excluded. The 2005 poverty universe estimates excluded all group quarters' residents, matching the definition of the 2005 ACS. Prior to the estimates for 2005, the poverty universe data were derived from the Annual Social and Economic Supplement of the Current Population Survey. This marks a break in the data series due to a methodology change.

See more details about SAIPE Model Input Data.
DATE VALUE
1998-01-01 45127
1999-01-01 46437
2000-01-01 48050
2001-01-01 49604
2002-01-01 51309
2003-01-01 52609
2004-01-01 53510
2005-01-01 52979
2006-01-01 54312
2007-01-01 55716
2008-01-01 57405
2009-01-01 58661
2010-01-01 59067
2011-01-01 59406
2012-01-01 59698
2013-01-01 60411
2014-01-01 61062
2015-01-01 61927
2016-01-01 62902
2017-01-01 64464
2018-01-01 65847
2019-01-01 68015
2020-01-01 70173
2021-01-01 70330
2022-01-01 72984

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