Homestead city: Poverty Rate Trend
How Homestead 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
23.4%
2023
15.5%
Total change
-7.9 pp
% change
-33.8%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 23.4% | — |
| 2019 | 20.7% | -2.7 pp (-11.5%) |
| 2020 | 19.9% | -0.8 pp (-3.9%) |
| 2021 | 18.8% | -1.1 pp (-5.5%) |
| 2022 | 17.5% | -1.3 pp (-6.9%) |
| 2023 | 15.5% | -2.0 pp (-11.4%) |