Balm CDP: Poverty Rate Trend
How Balm CDP's poverty rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
8.7%
2023
1.3%
Total change
-7.4 pp
% change
-85.1%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 8.0% | -0.7 pp (-8%) |
| 2020 | 6.1% | -1.9 pp (-23.8%) |
| 2021 | 4.3% | -1.8 pp (-29.5%) |
| 2022 | 2.8% | -1.5 pp (-34.9%) |
| 2023 | 1.3% | -1.5 pp (-53.6%) |