Federal Reserve Economic Data

Table Data - Poverty Universe, All Ages for Floyd County, VA

Title Poverty Universe, All Ages for Floyd County, VA
Series ID PUAAVA51063A647NCEN
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 12:43 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 13503
1999-01-01 13903
2000-01-01 14089
2001-01-01 14217
2002-01-01 14395
2003-01-01 14476
2004-01-01 14675
2005-01-01 14549
2006-01-01 14691
2007-01-01 14548
2008-01-01 14729
2009-01-01 14916
2010-01-01 15191
2011-01-01 15256
2012-01-01 15263
2013-01-01 15397
2014-01-01 15453
2015-01-01 15522
2016-01-01 15595
2017-01-01 15627
2018-01-01 15665
2019-01-01 15617
2020-01-01 15657
2021-01-01 15483
2022-01-01 15485

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