Morristown city: Homeownership Rate Trend
How Morristown 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
51.9%
2023
53.3%
Total change
+1.4 pp
% change
+2.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 51.9% | — |
| 2019 | 50.2% | -1.7 pp (-3.3%) |
| 2020 | 48.7% | -1.5 pp (-3%) |
| 2021 | 49.7% | +1.0 pp (2.1%) |
| 2022 | 50.0% | +0.3 pp (0.6%) |
| 2023 | 53.3% | +3.3 pp (6.6%) |