Parsippany CDP: Poverty Rate Trend
How Parsippany CDP's poverty rate changed from 2020 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.
2020
4.1%
2023
5.6%
Total change
+1.5 pp
% change
+36.6%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | — | — |
| 2019 | — | — |
| 2020 | 4.1% | — |
| 2021 | 5.7% | +1.6 pp (39%) |
| 2022 | 5.1% | -0.6 pp (-10.5%) |
| 2023 | 5.6% | +0.5 pp (9.8%) |