Raritan borough: Homeownership Rate Trend
How Raritan 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
60.1%
2023
53.4%
Total change
-6.7 pp
% change
-11.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 60.1% | — |
| 2019 | 55.0% | -5.1 pp (-8.5%) |
| 2020 | 56.5% | +1.5 pp (2.7%) |
| 2021 | 55.9% | -0.6 pp (-1.1%) |
| 2022 | 56.9% | +1.0 pp (1.8%) |
| 2023 | 53.4% | -3.5 pp (-6.2%) |