Palm Bay city: Poverty Rate Trend
How Palm Bay city'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
11.7%
2023
8.2%
Total change
-3.5 pp
% change
-29.9%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 11.7% | — |
| 2019 | 9.7% | -2.0 pp (-17.1%) |
| 2020 | 9.6% | -0.1 pp (-1%) |
| 2021 | 9.7% | +0.1 pp (1%) |
| 2022 | 9.4% | -0.3 pp (-3.1%) |
| 2023 | 8.2% | -1.2 pp (-12.8%) |