Banner Elk town: Homeownership Rate Trend
How Banner Elk town's homeownership 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
45.6%
2023
62.8%
Total change
+17.2 pp
% change
+37.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 45.6% | — |
| 2019 | 56.3% | +10.7 pp (23.5%) |
| 2020 | 64.5% | +8.2 pp (14.6%) |
| 2021 | 66.5% | +2.0 pp (3.1%) |
| 2022 | 66.2% | -0.3 pp (-0.5%) |
| 2023 | 62.8% | -3.4 pp (-5.1%) |