Valdese town: Poverty Rate Trend
How Valdese town'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
12.4%
2023
4.7%
Total change
-7.7 pp
% change
-62.1%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 12.4% | — |
| 2019 | 4.6% | -7.8 pp (-62.9%) |
| 2020 | 6.0% | +1.4 pp (30.4%) |
| 2021 | 5.4% | -0.6 pp (-10%) |
| 2022 | 2.6% | -2.8 pp (-51.9%) |
| 2023 | 4.7% | +2.1 pp (80.8%) |