Madison borough: Homeownership Rate Trend
How Madison 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
71.6%
2023
64.2%
Total change
-7.4 pp
% change
-10.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 71.6% | — |
| 2019 | 67.6% | -4.0 pp (-5.6%) |
| 2020 | 64.5% | -3.1 pp (-4.6%) |
| 2021 | 64.1% | -0.4 pp (-0.6%) |
| 2022 | 63.6% | -0.5 pp (-0.8%) |
| 2023 | 64.2% | +0.6 pp (0.9%) |