St. Michaels town: Homeownership Rate Trend
How St. Michaels town'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
58.5%
2023
70.4%
Total change
+11.9 pp
% change
+20.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 58.5% | — |
| 2019 | 62.4% | +3.9 pp (6.7%) |
| 2020 | 68.6% | +6.2 pp (9.9%) |
| 2021 | 68.7% | +0.1 pp (0.1%) |
| 2022 | 71.2% | +2.5 pp (3.6%) |
| 2023 | 70.4% | -0.8 pp (-1.1%) |