Cumberland city: Homeownership Rate Trend
How Cumberland 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
51.8%
2023
54.4%
Total change
+2.6 pp
% change
+5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 51.8% | — |
| 2019 | 52.2% | +0.4 pp (0.8%) |
| 2020 | 48.5% | -3.7 pp (-7.1%) |
| 2021 | 47.9% | -0.6 pp (-1.2%) |
| 2022 | 50.4% | +2.5 pp (5.2%) |
| 2023 | 54.4% | +4.0 pp (7.9%) |