Traverse City, MI Metro Area: Poverty Rate Trend
How Traverse City, MI Metro Area'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
6.5%
2023
5.7%
Total change
-0.8 pp
% change
-12.3%
| Year | Poverty Rate | Change |
|---|---|---|
| 2017 | 6.5% | — |
| 2019 | 6.3% | -0.2 pp (-3.1%) |
| 2020 | 6.4% | +0.1 pp (1.6%) |
| 2021 | 6.8% | +0.4 pp (6.2%) |
| 2022 | 6.6% | -0.2 pp (-2.9%) |
| 2023 | 5.7% | -0.9 pp (-13.6%) |