West Melbourne city: Homeownership Rate Trend
How West Melbourne 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
70.0%
2023
74.9%
Total change
+4.9 pp
% change
+7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 70.0% | — |
| 2019 | 73.2% | +3.2 pp (4.6%) |
| 2020 | 79.9% | +6.7 pp (9.2%) |
| 2021 | 81.0% | +1.1 pp (1.4%) |
| 2022 | 78.5% | -2.5 pp (-3.1%) |
| 2023 | 74.9% | -3.6 pp (-4.6%) |