Spring Lake village: Homeownership Rate Trend
How Spring Lake 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
82.4%
2023
88.1%
Total change
+5.7 pp
% change
+6.9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 82.4% | — |
| 2019 | 79.4% | -3.0 pp (-3.6%) |
| 2020 | 85.4% | +6.0 pp (7.6%) |
| 2021 | 85.4% | +0.0 pp (0%) |
| 2022 | 86.9% | +1.5 pp (1.8%) |
| 2023 | 88.1% | +1.2 pp (1.4%) |