Homestead borough: Poverty Rate Trend
How Homestead borough'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
25.5%
2023
7.0%
Total change
-18.5 pp
% change
-72.5%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 25.5% | — |
| 2019 | 19.0% | -6.5 pp (-25.5%) |
| 2020 | 23.4% | +4.4 pp (23.2%) |
| 2021 | 20.7% | -2.7 pp (-11.5%) |
| 2022 | 18.5% | -2.2 pp (-10.6%) |
| 2023 | 7.0% | -11.5 pp (-62.2%) |