Ferrum CDP: Poverty Rate Trend
How Ferrum 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
3.7%
2023
35.5%
Total change
+31.8 pp
% change
+859.5%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 3.7% | — |
| 2019 | 2.8% | -0.9 pp (-24.3%) |
| 2020 | 24.3% | +21.5 pp (767.9%) |
| 2021 | 24.4% | +0.1 pp (0.4%) |
| 2022 | 28.2% | +3.8 pp (15.6%) |
| 2023 | 35.5% | +7.3 pp (25.9%) |