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
88.6%
2023
84.1%
Total change
-4.5 pp
% change
-5.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 88.6% | — |
| 2019 | 74.4% | -14.2 pp (-16%) |
| 2020 | — | — |
| 2021 | 86.1% | — |
| 2022 | 85.1% | -1.0 pp (-1.2%) |
| 2023 | 84.1% | -1.0 pp (-1.2%) |