Bound Brook borough: Homeownership Rate Trend
How Bound Brook 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
50.8%
2023
41.8%
Total change
-9.0 pp
% change
-17.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 50.8% | — |
| 2019 | 49.0% | -1.8 pp (-3.5%) |
| 2020 | 49.8% | +0.8 pp (1.6%) |
| 2021 | 45.4% | -4.4 pp (-8.8%) |
| 2022 | 44.6% | -0.8 pp (-1.8%) |
| 2023 | 41.8% | -2.8 pp (-6.3%) |