Newark city: Homeownership Rate Trend
How Newark 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
52.9%
2023
50.3%
Total change
-2.6 pp
% change
-4.9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 52.9% | — |
| 2019 | 52.0% | -0.9 pp (-1.7%) |
| 2020 | 53.4% | +1.4 pp (2.7%) |
| 2021 | 51.4% | -2.0 pp (-3.7%) |
| 2022 | 52.1% | +0.7 pp (1.4%) |
| 2023 | 50.3% | -1.8 pp (-3.5%) |