Medford Lakes borough: Homeownership Rate Trend
How Medford Lakes 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
92.4%
2023
91.5%
Total change
-0.9 pp
% change
-1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 92.4% | — |
| 2019 | 95.0% | +2.6 pp (2.8%) |
| 2020 | 96.7% | +1.7 pp (1.8%) |
| 2021 | 95.2% | -1.5 pp (-1.6%) |
| 2022 | 93.9% | -1.3 pp (-1.4%) |
| 2023 | 91.5% | -2.4 pp (-2.6%) |