Lakewood village: Poverty Rate Trend
How Lakewood village'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
8.3%
2023
5.8%
Total change
-2.5 pp
% change
-30.1%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 8.3% | — |
| 2019 | 8.3% | +0.0 pp (0%) |
| 2020 | 6.5% | -1.8 pp (-21.7%) |
| 2021 | 7.0% | +0.5 pp (7.7%) |
| 2022 | 7.9% | +0.9 pp (12.9%) |
| 2023 | 5.8% | -2.1 pp (-26.6%) |