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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
61.5%
2023
55.0%
Total change
-6.5 pp
% change
-10.6%
Year Homeownership Rate Change
2017 61.5%
2019 59.7% -1.8 pp (-2.9%)
2020 59.0% -0.7 pp (-1.2%)
2021 58.6% -0.4 pp (-0.7%)
2022 58.8% +0.2 pp (0.3%)
2023 55.0% -3.8 pp (-6.5%)

Other Morris city Trends