Red Oak town: Homeownership Rate Trend
How Red Oak town'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
90.3%
2023
83.6%
Total change
-6.7 pp
% change
-7.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 90.3% | — |
| 2019 | 84.6% | -5.7 pp (-6.3%) |
| 2020 | 88.6% | +4.0 pp (4.7%) |
| 2021 | 93.9% | +5.3 pp (6%) |
| 2022 | 92.9% | -1.0 pp (-1.1%) |
| 2023 | 83.6% | -9.3 pp (-10%) |