Crime – Earlybirds Invest

The astounding drop in violent crime that began in the 1990s and extended through the mid-2010s is one of the most important — and most underappreciated — good news stories of recent memory. That made its reversal during the pandemic so worrying.

In the first full year of the pandemic, the FBI tallied 22,134 murders nationwide, up from 16,669 in 2019 — an increase of roughly 34 percent, the sharpest one-year rise in modern crime record-keeping. In 2021, Philadelphia alone recorded a record 562 homicides, while Baltimore experienced a near-record 337 murders. Between 2019 and 2020, the average number of weekly emergency department visits for gunshots increased by 37 percent, and largely stayed high through the following year.

By the 2024 election, for the first time in awhile, violent crime was a major political issue in the US. A Pew survey that year found that 58 percent of Americans believed crime should be a top priority for the president and Congress, up from 47 percent in 2021.

And yet even as the presidential campaign was unfolding, the violent crime spike of the pandemic had already subsided — and crime rates have kept dropping. The FBI’s 2023 crime report found that murder was down nearly 12 percent year over year, and in 2024 it kept falling to roughly 16,700 murders, on par with pre-pandemic levels. The early numbers for 2025 are so promising that Jeff Asher, one of the best independent analysts on crime, recently asked in a piece whether this year could have the lowest murder rate in US history.

All of which raises two questions: What’s driving a decrease in crime every bit as sharp as the pandemic-era increase? And why do so many of us find it so hard to believe?

We shouldn’t jump to conclusions about this year’s crime rates based on the early data, especially since we’re just now beginning the summer, when violent crime almost always rises. Crime data in the US is also patchy and slow — I can tell you how many soybeans the US raised in March, but I can’t tell you how many people have been murdered in the US this year.

But what we can tell looks very good. The Real-Time Crime Index, an academic project that collects crime data from more than 380 police agencies covering nearly 100 million people, estimates there were 1,488 murders in the US this year through March, compared to an estimated 1,899 over the same months last year. That’s a decrease of nearly 22 percent. Violent crime overall is down by about 11 percent. Motor vehicle theft, which became an epidemic during the pandemic, is down by over 26 percent.

Peer down to the local level, and the picture just keeps getting better. In Baltimore, which The Wire made synonymous with violent, drug-related crime, homicides fell to 199 last year, its best showing in over a decade. As of early May, the city had 45 murders, down another third from the same period last year. City emergency rooms that were once full of gunshot victims have gone quiet.

How much lower could it go nationally? The record low homicide rate, at least since national records started being kept in 1960, is 4.45 per 100,000 in 2014. So far this year, according to Asher, murder is down in 25 of the 30 cities that reported the most murders in 2023. Asher argues that if the numbers hold, “a 10 percent or more decline in murder nationally in 2025 would roughly tie 2014 for the lowest murder rate ever recorded.”

What’s behind the drop?

In short: The pandemic led to a huge increase in violent crime, and as the pandemic waned, so did the wave.

The closure of schools during the pandemic, especially in already higher-crime cities in the Northeast, meant far more young men — who are statistically more likely to be either perpetrators of violent crime or victims of it — on the streets. The closure of social services left fewer resources for them to draw on; and the sheer stress of a once-in-a-lifetime health catastrophe set everyone on edge. The murder of George Floyd in spring 2020 led to a collapse in community trust in policing, which in turn seemed to lead to less aggressive policing altogether. As the pandemic eased, though, those buffers came back, providing a natural brake on violent crime.

But the government, from the national level down to cities, also took direct actions to stem the flood of violence. The White House under President Joe Biden poured hundreds of millions of dollars into community violence interruption programs, which aim to break the cycle of retribution that can lead to homicide. Baltimore’s Group Violence Reduction Strategy has brought together community groups and law enforcement to deter the people considered most likely to get involved in gun violence. And the erosion in police forces nationwide that occurred during the pandemic has largely stopped.

The situation is far from perfect. Even though Floyd’s murder triggered a nationwide reckoning around police violence, recent data shows that police killings kept increasing, in part because fear of crime often stopped momentum around reforms. Here in New York, even as overall crime on the subways has fallen to historical lows, felony assaults on the trains have kept rising, fueling fears of lawlessness.

Why can’t we believe it?

As Memorial Day weekend marks the start of summer, the next few months will tell whether the pandemic was truly just a blip in the long-term reduction in violent crime. But what we can say is most people don’t seem to notice the positive trends. An October 2024 poll by Gallup found that 64 percent of Americans believed there was more crime nationwide than the year before, even though by that time in 2024, the post-pandemic crime drop was well under way.

But such results aren’t surprising. One of the most reliable results in polling is that if you ask Americans whether crime is rising, they’ll say yes. Astonishingly, in 23 of 27 national surveys done by Gallup since 1993, Americans reported that they thought crime nationwide was rising — even though most of those surveys were done during the long crime decline.

Crime is one of the best examples we have of bad news bias. By definition, a murder is an outlier event that grabs our attention, inevitably leading the nightly local news. Sometimes, as during the pandemic, that bias can match reality. But if we fail to adjust to what is actually happening around us — not just what we think is happening — it won’t just make us think our cities are more dangerous than they really are. It’ll sap energy for the reforms that can really make a difference.

A version of this story originally appeared in the Good News newsletter. Sign up here!

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