Morris city: Homeownership Rate Trend
How Morris 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
55.6%
2023
53.9%
Total change
-1.7 pp
% change
-3.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 55.6% | — |
| 2019 | 58.6% | +3.0 pp (5.4%) |
| 2020 | 59.4% | +0.8 pp (1.4%) |
| 2021 | 56.9% | -2.5 pp (-4.2%) |
| 2022 | 56.3% | -0.6 pp (-1.1%) |
| 2023 | 53.9% | -2.4 pp (-4.3%) |