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State College borough: Homeownership Rate Trend

How State College 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
24.3%
2023
27.0%
Total change
+2.7 pp
% change
+11.1%
Year Homeownership Rate Change
2017 24.3%
2019 25.4% +1.1 pp (4.5%)
2020 26.9% +1.5 pp (5.9%)
2021 28.8% +1.9 pp (7.1%)
2022 26.2% -2.6 pp (-9%)
2023 27.0% +0.8 pp (3.1%)

Other State College borough Trends