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12020: Poverty Rate Trend

How 12020'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
5.2%
2023
3.7%
Total change
-1.5 pp
% change
-28.8%
Year Poverty Rate Change
2017 5.2%
2019 3.5% -1.7 pp (-32.7%)
2020 11.0% +7.5 pp (214.3%)
2021 3.5% -7.5 pp (-68.2%)
2022 3.3% -0.2 pp (-5.7%)
2023 3.7% +0.4 pp (12.1%)

Other 12020 Trends