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20220: Poverty Rate Trend

How 20220'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
7.3%
2023
5.3%
Total change
-2.0 pp
% change
-27.4%
Year Poverty Rate Change
2017 7.3%
2019 6.8% -0.5 pp (-6.8%)
2020 5.7% -1.1 pp (-16.2%)
2021 5.4% -0.3 pp (-5.3%)
2022 5.7% +0.3 pp (5.6%)
2023 5.3% -0.4 pp (-7%)

Other 20220 Trends