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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
63.2%
2023
63.0%
Total change
-0.2 pp
% change
-0.3%
Year Homeownership Rate Change
2017 63.2%
2019 70.0% +6.8 pp (10.8%)
2020 67.7% -2.3 pp (-3.3%)
2021 62.0% -5.7 pp (-8.4%)
2022 62.6% +0.6 pp (1%)
2023 63.0% +0.4 pp (0.6%)

Other Cumberland city Trends