Morro Bay city: Homeownership Rate Trend
How Morro Bay 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
57.2%
2023
60.5%
Total change
+3.3 pp
% change
+5.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 57.2% | — |
| 2019 | 59.1% | +1.9 pp (3.3%) |
| 2020 | 61.4% | +2.3 pp (3.9%) |
| 2021 | 56.9% | -4.5 pp (-7.3%) |
| 2022 | 57.7% | +0.8 pp (1.4%) |
| 2023 | 60.5% | +2.8 pp (4.9%) |