Somerset County: Homeownership Rate Trend
How Somerset County'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
64.6%
2023
68.8%
Total change
+4.2 pp
% change
+6.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 64.6% | — |
| 2019 | 65.0% | +0.4 pp (0.6%) |
| 2020 | — | — |
| 2021 | 67.6% | — |
| 2022 | 67.5% | -0.1 pp (-0.1%) |
| 2023 | 68.8% | +1.3 pp (1.9%) |