Bloomfield borough: Homeownership Rate Trend
How Bloomfield borough'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
62.2%
2023
71.7%
Total change
+9.5 pp
% change
+15.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 62.2% | — |
| 2019 | 66.9% | +4.7 pp (7.6%) |
| 2020 | 76.1% | +9.2 pp (13.8%) |
| 2021 | 70.7% | -5.4 pp (-7.1%) |
| 2022 | 81.3% | +10.6 pp (15%) |
| 2023 | 71.7% | -9.6 pp (-11.8%) |