Penns Grove borough: Homeownership Rate Trend
How Penns Grove 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
32.7%
2023
38.2%
Total change
+5.5 pp
% change
+16.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 32.7% | — |
| 2019 | 29.8% | -2.9 pp (-8.9%) |
| 2020 | 28.0% | -1.8 pp (-6%) |
| 2021 | 32.0% | +4.0 pp (14.3%) |
| 2022 | 30.2% | -1.8 pp (-5.6%) |
| 2023 | 38.2% | +8.0 pp (26.5%) |