Royal Oak city: Homeownership Rate Trend
How Royal Oak 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
66.2%
2023
66.4%
Total change
+0.2 pp
% change
+0.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 66.2% | — |
| 2019 | 67.4% | +1.2 pp (1.8%) |
| 2020 | 65.2% | -2.2 pp (-3.3%) |
| 2021 | 65.8% | +0.6 pp (0.9%) |
| 2022 | 65.4% | -0.4 pp (-0.6%) |
| 2023 | 66.4% | +1.0 pp (1.5%) |