Palisades Park borough: Homeownership Rate Trend
How Palisades Park 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
34.9%
2023
37.2%
Total change
+2.3 pp
% change
+6.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 34.9% | — |
| 2019 | 36.7% | +1.8 pp (5.2%) |
| 2020 | 37.4% | +0.7 pp (1.9%) |
| 2021 | 37.3% | -0.1 pp (-0.3%) |
| 2022 | 37.5% | +0.2 pp (0.5%) |
| 2023 | 37.2% | -0.3 pp (-0.8%) |