Far Hills borough: Homeownership Rate Trend
How Far Hills 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
78.4%
2023
82.7%
Total change
+4.3 pp
% change
+5.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 78.4% | — |
| 2019 | 74.8% | -3.6 pp (-4.6%) |
| 2020 | 79.6% | +4.8 pp (6.4%) |
| 2021 | 77.6% | -2.0 pp (-2.5%) |
| 2022 | 80.1% | +2.5 pp (3.2%) |
| 2023 | 82.7% | +2.6 pp (3.2%) |