Paterson city: Homeownership Rate Trend
How Paterson 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
26.9%
2023
26.2%
Total change
-0.7 pp
% change
-2.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 26.9% | — |
| 2019 | 26.1% | -0.8 pp (-3%) |
| 2020 | 26.0% | -0.1 pp (-0.4%) |
| 2021 | 26.2% | +0.2 pp (0.8%) |
| 2022 | 26.3% | +0.1 pp (0.4%) |
| 2023 | 26.2% | -0.1 pp (-0.4%) |