Colfax village: Poverty Rate Trend
How Colfax village'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
14.9%
2023
7.3%
Total change
-7.6 pp
% change
-51%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 14.9% | — |
| 2019 | 13.8% | -1.1 pp (-7.4%) |
| 2020 | 7.0% | -6.8 pp (-49.3%) |
| 2021 | 2.7% | -4.3 pp (-61.4%) |
| 2022 | 4.1% | +1.4 pp (51.9%) |
| 2023 | 7.3% | +3.2 pp (78%) |