Lake Placid town: Poverty Rate Trend
How Lake Placid town'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
46.5%
2023
28.7%
Total change
-17.8 pp
% change
-38.3%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 46.5% | — |
| 2019 | 31.0% | -15.5 pp (-33.3%) |
| 2020 | 26.5% | -4.5 pp (-14.5%) |
| 2021 | 22.5% | -4.0 pp (-15.1%) |
| 2022 | 25.0% | +2.5 pp (11.1%) |
| 2023 | 28.7% | +3.7 pp (14.8%) |