Franklin city: Poverty Rate Trend
How Franklin city'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
7.4%
2023
8.5%
Total change
+1.1 pp
% change
+14.9%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 7.4% | — |
| 2019 | 7.8% | +0.4 pp (5.4%) |
| 2020 | 7.8% | +0.0 pp (0%) |
| 2021 | 9.0% | +1.2 pp (15.4%) |
| 2022 | 8.4% | -0.6 pp (-6.7%) |
| 2023 | 8.5% | +0.1 pp (1.2%) |