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Newark village: Homeownership Rate Trend

How Newark village'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
50.4%
2023
57.0%
Total change
+6.6 pp
% change
+13.1%
Year Homeownership Rate Change
2017 50.4%
2019 53.6% +3.2 pp (6.3%)
2020 56.0% +2.4 pp (4.5%)
2021 55.7% -0.3 pp (-0.5%)
2022 57.2% +1.5 pp (2.7%)
2023 57.0% -0.2 pp (-0.3%)

Other Newark village Trends