Oakboro town: Poverty Rate Trend
How Oakboro 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
7.4%
2023
5.0%
Total change
-2.4 pp
% change
-32.4%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 7.4% | — |
| 2019 | 4.4% | -3.0 pp (-40.5%) |
| 2020 | 3.3% | -1.1 pp (-25%) |
| 2021 | 2.4% | -0.9 pp (-27.3%) |
| 2022 | 1.7% | -0.7 pp (-29.2%) |
| 2023 | 5.0% | +3.3 pp (194.1%) |