Banks city: Poverty Rate Trend
How Banks city'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
2.1%
2023
8.4%
Total change
+6.3 pp
% change
+300%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 2.1% | — |
| 2019 | 1.3% | -0.8 pp (-38.1%) |
| 2020 | 7.8% | +6.5 pp (500%) |
| 2021 | 5.1% | -2.7 pp (-34.6%) |
| 2022 | 4.6% | -0.5 pp (-9.8%) |
| 2023 | 8.4% | +3.8 pp (82.6%) |