Milford city: Homeownership Rate Trend
How Milford 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
59.0%
2023
46.5%
Total change
-12.5 pp
% change
-21.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 59.0% | — |
| 2019 | 52.2% | -6.8 pp (-11.5%) |
| 2020 | 49.2% | -3.0 pp (-5.7%) |
| 2021 | 49.5% | +0.3 pp (0.6%) |
| 2022 | 50.0% | +0.5 pp (1%) |
| 2023 | 46.5% | -3.5 pp (-7%) |