Summit town: Homeownership Rate Trend
How Summit 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
64.9%
2023
53.9%
Total change
-11.0 pp
% change
-16.9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 64.9% | — |
| 2019 | 65.7% | +0.8 pp (1.2%) |
| 2020 | 63.5% | -2.2 pp (-3.3%) |
| 2021 | 59.7% | -3.8 pp (-6%) |
| 2022 | 51.5% | -8.2 pp (-13.7%) |
| 2023 | 53.9% | +2.4 pp (4.7%) |