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Brooklyn city: Homeownership Rate Trend

How Brooklyn city'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
57.9%
2023
56.4%
Total change
-1.5 pp
% change
-2.6%
Year Homeownership Rate Change
2017 57.9%
2019 53.7% -4.2 pp (-7.3%)
2020 55.0% +1.3 pp (2.4%)
2021 52.9% -2.1 pp (-3.8%)
2022 54.8% +1.9 pp (3.6%)
2023 56.4% +1.6 pp (2.9%)

Other Brooklyn city Trends