Somerset CDP: Homeownership Rate Trend
How Somerset 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
82.3%
2023
84.4%
Total change
+2.1 pp
% change
+2.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 82.3% | — |
| 2019 | 80.0% | -2.3 pp (-2.8%) |
| 2020 | 83.1% | +3.1 pp (3.9%) |
| 2021 | 83.9% | +0.8 pp (1%) |
| 2022 | 83.1% | -0.8 pp (-1%) |
| 2023 | 84.4% | +1.3 pp (1.6%) |