Morristown town: Homeownership Rate Trend
How Morristown 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
37.3%
2023
36.1%
Total change
-1.2 pp
% change
-3.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 37.3% | — |
| 2019 | 35.0% | -2.3 pp (-6.2%) |
| 2020 | 37.6% | +2.6 pp (7.4%) |
| 2021 | 36.3% | -1.3 pp (-3.5%) |
| 2022 | 37.0% | +0.7 pp (1.9%) |
| 2023 | 36.1% | -0.9 pp (-2.4%) |