Bingham Farms village: Homeownership Rate Trend
How Bingham Farms village'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
83.8%
2023
95.1%
Total change
+11.3 pp
% change
+13.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 83.8% | — |
| 2019 | 89.1% | +5.3 pp (6.3%) |
| 2020 | 94.4% | +5.3 pp (5.9%) |
| 2021 | 92.1% | -2.3 pp (-2.4%) |
| 2022 | 93.7% | +1.6 pp (1.7%) |
| 2023 | 95.1% | +1.4 pp (1.5%) |