Hoyt Lakes city: Poverty Rate Trend
How Hoyt Lakes 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
5.8%
2023
9.3%
Total change
+3.5 pp
% change
+60.3%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 5.8% | — |
| 2019 | 8.6% | +2.8 pp (48.3%) |
| 2020 | 7.6% | -1.0 pp (-11.6%) |
| 2021 | 8.0% | +0.4 pp (5.3%) |
| 2022 | 5.4% | -2.6 pp (-32.5%) |
| 2023 | 9.3% | +3.9 pp (72.2%) |