Traverse City city: Homeownership Rate Trend
How Traverse City city'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
63.3%
2023
60.9%
Total change
-2.4 pp
% change
-3.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 63.3% | — |
| 2019 | 62.0% | -1.3 pp (-2.1%) |
| 2020 | 60.9% | -1.1 pp (-1.8%) |
| 2021 | 60.7% | -0.2 pp (-0.3%) |
| 2022 | 61.6% | +0.9 pp (1.5%) |
| 2023 | 60.9% | -0.7 pp (-1.1%) |