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
5.1%
2023
3.0%
Total change
-2.1 pp
% change
-41.2%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 5.1% | — |
| 2019 | 4.4% | -0.7 pp (-13.7%) |
| 2020 | 5.5% | +1.1 pp (25%) |
| 2021 | 3.4% | -2.1 pp (-38.2%) |
| 2022 | 3.1% | -0.3 pp (-8.8%) |
| 2023 | 3.0% | -0.1 pp (-3.2%) |