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
11.4%
2023
2.1%
Total change
-9.3 pp
% change
-81.6%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 11.4% | — |
| 2019 | 5.5% | -5.9 pp (-51.8%) |
| 2020 | 2.2% | -3.3 pp (-60%) |
| 2021 | 1.4% | -0.8 pp (-36.4%) |
| 2022 | 1.4% | +0.0 pp (0%) |
| 2023 | 2.1% | +0.7 pp (50%) |