Rahway city: Homeownership Rate Trend
How Rahway 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
58.5%
2023
53.4%
Total change
-5.1 pp
% change
-8.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 58.5% | — |
| 2019 | 59.7% | +1.2 pp (2.1%) |
| 2020 | 57.5% | -2.2 pp (-3.7%) |
| 2021 | 55.8% | -1.7 pp (-3%) |
| 2022 | 55.1% | -0.7 pp (-1.3%) |
| 2023 | 53.4% | -1.7 pp (-3.1%) |