Severn CDP: Homeownership Rate Trend
How Severn CDP'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
73.5%
2023
72.3%
Total change
-1.2 pp
% change
-1.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 73.5% | — |
| 2019 | 70.7% | -2.8 pp (-3.8%) |
| 2020 | 71.2% | +0.5 pp (0.7%) |
| 2021 | 73.7% | +2.5 pp (3.5%) |
| 2022 | 73.1% | -0.6 pp (-0.8%) |
| 2023 | 72.3% | -0.8 pp (-1.1%) |