Banks Springs CDP: Poverty Rate Trend
How Banks Springs 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
35.2%
2023
59.3%
Total change
+24.1 pp
% change
+68.5%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 35.2% | — |
| 2019 | 55.9% | +20.7 pp (58.8%) |
| 2020 | 43.7% | -12.2 pp (-21.8%) |
| 2021 | 50.7% | +7.0 pp (16%) |
| 2022 | 62.0% | +11.3 pp (22.3%) |
| 2023 | 59.3% | -2.7 pp (-4.4%) |