Wood-Ridge borough: Homeownership Rate Trend
How Wood-Ridge 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
71.5%
2023
64.6%
Total change
-6.9 pp
% change
-9.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 71.5% | — |
| 2019 | 70.6% | -0.9 pp (-1.3%) |
| 2020 | 67.1% | -3.5 pp (-5%) |
| 2021 | 63.4% | -3.7 pp (-5.5%) |
| 2022 | 63.2% | -0.2 pp (-0.3%) |
| 2023 | 64.6% | +1.4 pp (2.2%) |