Menlo Park city: Homeownership Rate Trend
How Menlo Park 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
58.3%
2023
55.3%
Total change
-3.0 pp
% change
-5.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 58.3% | — |
| 2019 | 57.9% | -0.4 pp (-0.7%) |
| 2020 | 58.2% | +0.3 pp (0.5%) |
| 2021 | 58.0% | -0.2 pp (-0.3%) |
| 2022 | 56.3% | -1.7 pp (-2.9%) |
| 2023 | 55.3% | -1.0 pp (-1.8%) |