Spring Lake borough: Homeownership Rate Trend
How Spring Lake 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
79.3%
2023
88.2%
Total change
+8.9 pp
% change
+11.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 79.3% | — |
| 2019 | 78.9% | -0.4 pp (-0.5%) |
| 2020 | 82.2% | +3.3 pp (4.2%) |
| 2021 | 86.6% | +4.4 pp (5.4%) |
| 2022 | 87.8% | +1.2 pp (1.4%) |
| 2023 | 88.2% | +0.4 pp (0.5%) |