Montvale borough: Poverty Rate Trend
How Montvale 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
5.2%
2023
5.7%
Total change
+0.5 pp
% change
+9.6%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 5.2% | — |
| 2019 | 2.5% | -2.7 pp (-51.9%) |
| 2020 | 2.0% | -0.5 pp (-20%) |
| 2021 | 3.3% | +1.3 pp (65%) |
| 2022 | 4.3% | +1.0 pp (30.3%) |
| 2023 | 5.7% | +1.4 pp (32.6%) |