Norfolk CDP: Homeownership Rate Trend
How Norfolk CDP'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
58.1%
2023
61.7%
Total change
+3.6 pp
% change
+6.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 58.1% | — |
| 2019 | 65.2% | +7.1 pp (12.2%) |
| 2020 | 73.2% | +8.0 pp (12.3%) |
| 2021 | 69.0% | -4.2 pp (-5.7%) |
| 2022 | 71.2% | +2.2 pp (3.2%) |
| 2023 | 61.7% | -9.5 pp (-13.3%) |