Westfield borough: Homeownership Rate Trend
How Westfield 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
58.3%
2023
64.5%
Total change
+6.2 pp
% change
+10.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 58.3% | — |
| 2019 | 59.5% | +1.2 pp (2.1%) |
| 2020 | 66.0% | +6.5 pp (10.9%) |
| 2021 | 67.5% | +1.5 pp (2.3%) |
| 2022 | 68.9% | +1.4 pp (2.1%) |
| 2023 | 64.5% | -4.4 pp (-6.4%) |