Milford borough: Homeownership Rate Trend
How Milford 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
55.5%
2023
35.7%
Total change
-19.8 pp
% change
-35.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 55.5% | — |
| 2019 | 50.8% | -4.7 pp (-8.5%) |
| 2020 | 42.8% | -8.0 pp (-15.7%) |
| 2021 | 38.7% | -4.1 pp (-9.6%) |
| 2022 | 39.8% | +1.1 pp (2.8%) |
| 2023 | 35.7% | -4.1 pp (-10.3%) |