Richmond city: Poverty Rate Trend
How Richmond 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
18.7%
2023
12.0%
Total change
-6.7 pp
% change
-35.8%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 18.7% | — |
| 2019 | 16.1% | -2.6 pp (-13.9%) |
| 2020 | 14.1% | -2.0 pp (-12.4%) |
| 2021 | 13.0% | -1.1 pp (-7.8%) |
| 2022 | 12.4% | -0.6 pp (-4.6%) |
| 2023 | 12.0% | -0.4 pp (-3.2%) |