Montvale borough: Homeownership Rate Trend
How Montvale 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
85.6%
2023
84.1%
Total change
-1.5 pp
% change
-1.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 85.6% | — |
| 2019 | 88.3% | +2.7 pp (3.2%) |
| 2020 | 87.3% | -1.0 pp (-1.1%) |
| 2021 | 88.0% | +0.7 pp (0.8%) |
| 2022 | 84.0% | -4.0 pp (-4.5%) |
| 2023 | 84.1% | +0.1 pp (0.1%) |