What is the poverty rate in Chautauqua County?
The poverty rate in Chautauqua County is 17.6%.
This figure indicates the percentage of individuals in the county living below the defined poverty threshold. Understanding this rate is crucial for evaluating the economic health and social challenges within the community.
Economic Overview of Chautauqua County
To provide a broader economic context for the poverty rate, here are some key financial statistics for Chautauqua County:
Economic Indicator | Value (2019-2023 estimates, in 2023 dollars) |
---|---|
Persons in poverty, percent | 17.6% |
Median household income | $56,507 |
Per capita income in past 12 months | $31,951 |
These indicators collectively offer a snapshot of the economic conditions experienced by residents in Chautauqua County, highlighting both income levels and the prevalence of poverty.
Factors Contributing to Poverty Rates
Poverty rates are influenced by a combination of socio-economic factors. While specific contributing elements can vary by region, common influences often include:
- Job Market Conditions: The availability of stable, well-paying employment opportunities is a primary driver of economic well-being.
- Educational Attainment: Higher levels of education frequently correlate with increased earning potential and improved job prospects.
- Cost of Living: The expenses associated with housing, food, transportation, and healthcare can significantly impact a household's financial stability relative to its income.
- Access to Resources: The presence and accessibility of social support programs, affordable healthcare services, and public transportation networks can play a vital role in alleviating poverty.
For comprehensive demographic and economic data about Chautauqua County, refer to the detailed statistics available from the U.S. Census Bureau.