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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
65.4%
2023
76.2%
Total change
+10.8 pp
% change
+16.5%
Year Homeownership Rate Change
2017 65.4%
2019 65.0% -0.4 pp (-0.6%)
2020 67.8% +2.8 pp (4.3%)
2021 69.5% +1.7 pp (2.5%)
2022 73.6% +4.1 pp (5.9%)
2023 76.2% +2.6 pp (3.5%)

Other Newark city Trends