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Ferrum CDP: Homeownership Rate Trend

How Ferrum CDP'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
74.6%
2023
64.9%
Total change
-9.7 pp
% change
-13%
Year Homeownership Rate Change
2017 74.6%
2019 83.2% +8.6 pp (11.5%)
2020 85.4% +2.2 pp (2.6%)
2021 58.1% -27.3 pp (-32%)
2022 63.1% +5.0 pp (8.6%)
2023 64.9% +1.8 pp (2.9%)

Other Ferrum CDP Trends