Palisades Park borough: Poverty Rate Trend
How Palisades Park 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
7.9%
2023
7.3%
Total change
-0.6 pp
% change
-7.6%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 7.9% | — |
| 2019 | 9.9% | +2.0 pp (25.3%) |
| 2020 | 9.4% | -0.5 pp (-5.1%) |
| 2021 | 8.5% | -0.9 pp (-9.6%) |
| 2022 | 9.8% | +1.3 pp (15.3%) |
| 2023 | 7.3% | -2.5 pp (-25.5%) |