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Parsippany CDP: Homeownership Rate Trend

How Parsippany CDP's homeownership rate changed from 2020 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.

2020
48.6%
2023
49.3%
Total change
+0.7 pp
% change
+1.4%
Year Homeownership Rate Change
2017
2019
2020 48.6%
2021 48.6% +0.0 pp (0%)
2022 48.5% -0.1 pp (-0.2%)
2023 49.3% +0.8 pp (1.6%)

Other Parsippany CDP Trends