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Monterey town: Homeownership Rate Trend

How Monterey town'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
41.8%
2023
60.1%
Total change
+18.3 pp
% change
+43.8%
Year Homeownership Rate Change
2017 41.8%
2019 36.3% -5.5 pp (-13.2%)
2020 40.9% +4.6 pp (12.7%)
2021 46.1% +5.2 pp (12.7%)
2022 46.6% +0.5 pp (1.1%)
2023 60.1% +13.5 pp (29%)

Other Monterey town Trends