Malvern borough: Poverty Rate Trend
How Malvern 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
5.7%
2023
2.6%
Total change
-3.1 pp
% change
-54.4%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 5.7% | — |
| 2019 | 1.5% | -4.2 pp (-73.7%) |
| 2020 | 1.2% | -0.3 pp (-20%) |
| 2021 | 2.3% | +1.1 pp (91.7%) |
| 2022 | 2.5% | +0.2 pp (8.7%) |
| 2023 | 2.6% | +0.1 pp (4%) |