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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
55.0%
2023
55.6%
Total change
+0.6 pp
% change
+1.1%
Year Homeownership Rate Change
2017 55.0%
2019 55.0% +0.0 pp (0%)
2020 54.7% -0.3 pp (-0.5%)
2021 55.3% +0.6 pp (1.1%)
2022 54.7% -0.6 pp (-1.1%)
2023 55.6% +0.9 pp (1.6%)

Other Newark city Trends