Somerdale borough: Homeownership Rate Trend
How Somerdale 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
69.3%
2023
77.8%
Total change
+8.5 pp
% change
+12.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 69.3% | — |
| 2019 | 71.8% | +2.5 pp (3.6%) |
| 2020 | 75.0% | +3.2 pp (4.5%) |
| 2021 | 77.6% | +2.6 pp (3.5%) |
| 2022 | 75.7% | -1.9 pp (-2.4%) |
| 2023 | 77.8% | +2.1 pp (2.8%) |