South Bloomfield village: Homeownership Rate Trend
How South Bloomfield village'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
85.5%
2023
78.2%
Total change
-7.3 pp
% change
-8.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 85.5% | — |
| 2019 | 76.9% | -8.6 pp (-10.1%) |
| 2020 | 82.5% | +5.6 pp (7.3%) |
| 2021 | 79.5% | -3.0 pp (-3.6%) |
| 2022 | 77.6% | -1.9 pp (-2.4%) |
| 2023 | 78.2% | +0.6 pp (0.8%) |