Elmwood Park borough: Homeownership Rate Trend
How Elmwood Park 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
55.6%
2023
57.4%
Total change
+1.8 pp
% change
+3.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 55.6% | — |
| 2019 | 56.5% | +0.9 pp (1.6%) |
| 2020 | 53.4% | -3.1 pp (-5.5%) |
| 2021 | 54.5% | +1.1 pp (2.1%) |
| 2022 | 53.9% | -0.6 pp (-1.1%) |
| 2023 | 57.4% | +3.5 pp (6.5%) |