Of my 1k+ followers there's only about 50 people who I actually interact with

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And how many would be responding, if you were your only follower?

It would make more sense to refer to them as subscribers rather than followers and people say follower counts don't matter because a lot of them are bots, dummy accounts, etc, and also because you can't get a true count of them since your only getting those numbers from the relays you ask.

If you post to a blastr relay like I do then you probably have subscribers on other relays that you don't read from that you don't even know about.

What does matter is reputation. It takes time and effort to build a reputation and you don't want to just throw that away.

A reputation... with whom? With followers, correct?

With people who choose to read your posts. Followers connotes a captive audience which is legacy social media influencer garbage.

Throw away the influencer mindset and just start conversations with people.

You clearly don't understand how Nostr works.

5% response rate is actually quite high. It probably will get lower, as the number gets bigger, and more of the followers are inactive, autofollows, or bots.