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Melvindale city: Homeownership Rate Trend

How Melvindale 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
57.7%
2023
60.0%
Total change
+2.3 pp
% change
+4%
Year Homeownership Rate Change
2017 57.7%
2019 51.0% -6.7 pp (-11.6%)
2020 58.8% +7.8 pp (15.3%)
2021 58.6% -0.2 pp (-0.3%)
2022 59.8% +1.2 pp (2%)
2023 60.0% +0.2 pp (0.3%)

Other Melvindale city Trends