Melrose Park village: Homeownership Rate Trend
How Melrose Park village'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
48.2%
2023
57.3%
Total change
+9.1 pp
% change
+18.9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 48.2% | — |
| 2019 | 50.4% | +2.2 pp (4.6%) |
| 2020 | 50.7% | +0.3 pp (0.6%) |
| 2021 | 53.6% | +2.9 pp (5.7%) |
| 2022 | 55.1% | +1.5 pp (2.8%) |
| 2023 | 57.3% | +2.2 pp (4%) |