Hazel Park city: Homeownership Rate Trend
How Hazel Park city'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
50.6%
2023
61.6%
Total change
+11.0 pp
% change
+21.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 50.6% | — |
| 2019 | 49.5% | -1.1 pp (-2.2%) |
| 2020 | 55.3% | +5.8 pp (11.7%) |
| 2021 | 57.1% | +1.8 pp (3.3%) |
| 2022 | 59.7% | +2.6 pp (4.6%) |
| 2023 | 61.6% | +1.9 pp (3.2%) |