Norristown borough: Homeownership Rate Trend
How Norristown borough'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
39.2%
2023
40.8%
Total change
+1.6 pp
% change
+4.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 39.2% | — |
| 2019 | 37.7% | -1.5 pp (-3.8%) |
| 2020 | 40.6% | +2.9 pp (7.7%) |
| 2021 | 41.7% | +1.1 pp (2.7%) |
| 2022 | 38.9% | -2.8 pp (-6.7%) |
| 2023 | 40.8% | +1.9 pp (4.9%) |