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
15.8%
2023
10.5%
Total change
-5.3 pp
% change
-33.5%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 15.8% | — |
| 2019 | 16.2% | +0.4 pp (2.5%) |
| 2020 | 13.5% | -2.7 pp (-16.7%) |
| 2021 | 12.9% | -0.6 pp (-4.4%) |
| 2022 | 11.0% | -1.9 pp (-14.7%) |
| 2023 | 10.5% | -0.5 pp (-4.5%) |