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Laurel city: Homeownership Rate Trend

How Laurel 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
58.5%
2023
61.1%
Total change
+2.6 pp
% change
+4.4%
Year Homeownership Rate Change
2017 58.5%
2019 60.4% +1.9 pp (3.2%)
2020 66.3% +5.9 pp (9.8%)
2021 63.8% -2.5 pp (-3.8%)
2022 63.5% -0.3 pp (-0.5%)
2023 61.1% -2.4 pp (-3.8%)

Other Laurel city Trends