Menlo Park Terrace CDP: Homeownership Rate Trend
How Menlo Park Terrace CDP's homeownership rate changed from 2020 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.
2020
94.4%
2023
89.9%
Total change
-4.5 pp
% change
-4.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | — | — |
| 2019 | — | — |
| 2020 | 94.4% | — |
| 2021 | 95.9% | +1.5 pp (1.6%) |
| 2022 | 93.3% | -2.6 pp (-2.7%) |
| 2023 | 89.9% | -3.4 pp (-3.6%) |