Lakefield city: Poverty Rate Trend
How Lakefield 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
3.7%
2023
1.7%
Total change
-2.0 pp
% change
-54.1%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 3.7% | — |
| 2019 | 2.9% | -0.8 pp (-21.6%) |
| 2020 | 0.7% | -2.2 pp (-75.9%) |
| 2021 | 0.8% | +0.1 pp (14.3%) |
| 2022 | 1.4% | +0.6 pp (75%) |
| 2023 | 1.7% | +0.3 pp (21.4%) |