Kentwood town: Homeownership Rate Trend
How Kentwood town'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
63.3%
2023
53.5%
Total change
-9.8 pp
% change
-15.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 63.3% | — |
| 2019 | 57.3% | -6.0 pp (-9.5%) |
| 2020 | 54.6% | -2.7 pp (-4.7%) |
| 2021 | 51.8% | -2.8 pp (-5.1%) |
| 2022 | 62.2% | +10.4 pp (20.1%) |
| 2023 | 53.5% | -8.7 pp (-14%) |