Source: U.S. Census Bureau
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.
Estimates of poverty by ages and families are not direct counts from enumerations or administrative records, nor direct estimates from sample surveys. Instead, for counties and states, the Census models income and poverty estimates by combining survey data with population estimates and administrative records.
U.S. Census Bureau, Estimated Percent of People of All Ages in Poverty for Magoffin County, KY [PPAAKY21153A156NCEN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PPAAKY21153A156NCEN, January 19, 2022.