20740: Poverty Rate Trend
How 20740'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
5.5%
2023
7.5%
Total change
+2.0 pp
% change
+36.4%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 5.5% | — |
| 2019 | 4.4% | -1.1 pp (-20%) |
| 2020 | 5.8% | +1.4 pp (31.8%) |
| 2021 | 4.8% | -1.0 pp (-17.2%) |
| 2022 | 4.1% | -0.7 pp (-14.6%) |
| 2023 | 7.5% | +3.4 pp (82.9%) |