Westfield village: Homeownership Rate Trend
How Westfield village'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
64.7%
2023
55.0%
Total change
-9.7 pp
% change
-15%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 64.7% | — |
| 2019 | 55.8% | -8.9 pp (-13.8%) |
| 2020 | 54.4% | -1.4 pp (-2.5%) |
| 2021 | 48.2% | -6.2 pp (-11.4%) |
| 2022 | 49.0% | +0.8 pp (1.7%) |
| 2023 | 55.0% | +6.0 pp (12.2%) |