Farmingdale borough: Poverty Rate Trend
How Farmingdale borough'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
15.5%
2023
1.5%
Total change
-14.0 pp
% change
-90.3%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 15.5% | — |
| 2019 | 12.2% | -3.3 pp (-21.3%) |
| 2020 | 4.4% | -7.8 pp (-63.9%) |
| 2021 | 2.0% | -2.4 pp (-54.5%) |
| 2022 | 0.3% | -1.7 pp (-85%) |
| 2023 | 1.5% | +1.2 pp (400%) |