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Passaic city: Homeownership Rate Trend

How Passaic 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
23.4%
2023
23.5%
Total change
+0.1 pp
% change
+0.4%
Year Homeownership Rate Change
2017 23.4%
2019 22.3% -1.1 pp (-4.7%)
2020 21.5% -0.8 pp (-3.6%)
2021 21.3% -0.2 pp (-0.9%)
2022 22.0% +0.7 pp (3.3%)
2023 23.5% +1.5 pp (6.8%)

Other Passaic city Trends