Paramus borough: Poverty Rate Trend
How Paramus 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
1.7%
2023
3.1%
Total change
+1.4 pp
% change
+82.4%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 1.7% | — |
| 2019 | 2.1% | +0.4 pp (23.5%) |
| 2020 | 2.2% | +0.1 pp (4.8%) |
| 2021 | 2.8% | +0.6 pp (27.3%) |
| 2022 | 2.4% | -0.4 pp (-14.3%) |
| 2023 | 3.1% | +0.7 pp (29.2%) |