Budd Lake CDP: Poverty Rate Trend
How Budd Lake 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
7.2%
2023
5.7%
Total change
-1.5 pp
% change
-20.8%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 7.2% | — |
| 2019 | 4.4% | -2.8 pp (-38.9%) |
| 2020 | 3.8% | -0.6 pp (-13.6%) |
| 2021 | 4.9% | +1.1 pp (28.9%) |
| 2022 | 3.8% | -1.1 pp (-22.4%) |
| 2023 | 5.7% | +1.9 pp (50%) |