Red Bank borough: Poverty Rate Trend
How Red Bank 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
8.7%
2023
7.0%
Total change
-1.7 pp
% change
-19.5%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 8.7% | — |
| 2019 | 10.9% | +2.2 pp (25.3%) |
| 2020 | 8.7% | -2.2 pp (-20.2%) |
| 2021 | 11.0% | +2.3 pp (26.4%) |
| 2022 | 8.6% | -2.4 pp (-21.8%) |
| 2023 | 7.0% | -1.6 pp (-18.6%) |