Hanover borough: Homeownership Rate Trend
How Hanover 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
53.1%
2023
56.2%
Total change
+3.1 pp
% change
+5.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 53.1% | — |
| 2019 | 55.9% | +2.8 pp (5.3%) |
| 2020 | 56.1% | +0.2 pp (0.4%) |
| 2021 | 56.1% | +0.0 pp (0%) |
| 2022 | 57.4% | +1.3 pp (2.3%) |
| 2023 | 56.2% | -1.2 pp (-2.1%) |