Banner Elk town: Poverty Rate Trend
How Banner Elk town'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
21.0%
2023
11.5%
Total change
-9.5 pp
% change
-45.2%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 21.0% | — |
| 2019 | 19.0% | -2.0 pp (-9.5%) |
| 2020 | 12.0% | -7.0 pp (-36.8%) |
| 2021 | 8.1% | -3.9 pp (-32.5%) |
| 2022 | 8.1% | +0.0 pp (0%) |
| 2023 | 11.5% | +3.4 pp (42%) |