Mendham borough: Homeownership Rate Trend
How Mendham 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
86.9%
2023
85.7%
Total change
-1.2 pp
% change
-1.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 86.9% | — |
| 2019 | 88.6% | +1.7 pp (2%) |
| 2020 | 88.2% | -0.4 pp (-0.5%) |
| 2021 | 86.0% | -2.2 pp (-2.5%) |
| 2022 | 84.0% | -2.0 pp (-2.3%) |
| 2023 | 85.7% | +1.7 pp (2%) |