Wake Forest town: Poverty Rate Trend
How Wake Forest 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
4.2%
2023
1.7%
Total change
-2.5 pp
% change
-59.5%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 4.2% | — |
| 2019 | 3.9% | -0.3 pp (-7.1%) |
| 2020 | 2.7% | -1.2 pp (-30.8%) |
| 2021 | 2.0% | -0.7 pp (-25.9%) |
| 2022 | 1.8% | -0.2 pp (-10%) |
| 2023 | 1.7% | -0.1 pp (-5.6%) |