Federal Reserve Economic Data

Percent of Population Below the Poverty Level (5-year estimate) in Placer County, CA (S1701ACS006061)

Observation:

2022: 6.8 (+ more)   Updated: Dec 7, 2023 11:25 AM CST
2022:  6.8  
2021:  7.0  
2020:  7.1  
2019:  7.7  
2018:  8.0  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Census Bureau  

Release: County Poverty Status

Units:  Percent, Not Seasonally Adjusted

Frequency:  Annual

Notes:

The percentage of population below the poverty level comes from American Community Survey (ACS) variable S1701_C03_001E in table S1701.

Multiyear estimates from the American Community Survey (ACS) are "period" estimates derived from a data sample collected over a period of time, as opposed to "point-in-time" estimates such as those from past decennial censuses. ACS 5-year estimate includes data collected over a 60-month period. The date of the data is the end of the 5-year period. For example, a value dated 2014 represents data from 2010 to 2014. However, they do not describe any specific day, month, or year within that time period.

Multiyear estimates require some considerations that single-year estimates do not. For example, multiyear estimates released in consecutive years consist mostly of overlapping years and shared data. The 2010-2014 ACS 5-year estimates share sample data from 2011 through 2014 with the 2011-2015 ACS 5-year estimates. Because of this overlap, users should use extreme caution in making comparisons with consecutive years of multiyear estimates.

Please see "Section 3: Understanding and Using ACS Single-Year and Multiyear Estimates" on publication page 13 (file page 19) of the 2018 ACS General Handbook for a more thorough clarification.

Suggested Citation:

U.S. Census Bureau, Percent of Population Below the Poverty Level (5-year estimate) in Placer County, CA [S1701ACS006061], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/S1701ACS006061, .


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