Florham Park borough: Homeownership Rate Trend
How Florham 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
68.4%
2023
69.6%
Total change
+1.2 pp
% change
+1.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 68.4% | — |
| 2019 | 68.6% | +0.2 pp (0.3%) |
| 2020 | 71.5% | +2.9 pp (4.2%) |
| 2021 | 70.7% | -0.8 pp (-1.1%) |
| 2022 | 69.5% | -1.2 pp (-1.7%) |
| 2023 | 69.6% | +0.1 pp (0.1%) |