Watchung borough: Homeownership Rate Trend
How Watchung 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
80.5%
2023
87.4%
Total change
+6.9 pp
% change
+8.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 80.5% | — |
| 2019 | 82.4% | +1.9 pp (2.4%) |
| 2020 | 83.9% | +1.5 pp (1.8%) |
| 2021 | 86.2% | +2.3 pp (2.7%) |
| 2022 | 86.9% | +0.7 pp (0.8%) |
| 2023 | 87.4% | +0.5 pp (0.6%) |