New London city: Homeownership Rate Trend
How New London 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
52.4%
2023
48.5%
Total change
-3.9 pp
% change
-7.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 52.4% | — |
| 2019 | 51.4% | -1.0 pp (-1.9%) |
| 2020 | 53.4% | +2.0 pp (3.9%) |
| 2021 | 55.7% | +2.3 pp (4.3%) |
| 2022 | 51.2% | -4.5 pp (-8.1%) |
| 2023 | 48.5% | -2.7 pp (-5.3%) |