Montgomery borough: Homeownership Rate Trend
How Montgomery 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
57.1%
2023
59.1%
Total change
+2.0 pp
% change
+3.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 57.1% | — |
| 2019 | 58.3% | +1.2 pp (2.1%) |
| 2020 | 61.0% | +2.7 pp (4.6%) |
| 2021 | 60.8% | -0.2 pp (-0.3%) |
| 2022 | 61.2% | +0.4 pp (0.7%) |
| 2023 | 59.1% | -2.1 pp (-3.4%) |