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20740: Homeownership Rate Trend

How 20740'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
46.9%
2023
39.3%
Total change
-7.6 pp
% change
-16.2%
Year Homeownership Rate Change
2017 46.9%
2019 45.3% -1.6 pp (-3.4%)
2020 67.7% +22.4 pp (49.4%)
2021 42.0% -25.7 pp (-38%)
2022 41.3% -0.7 pp (-1.7%)
2023 39.3% -2.0 pp (-4.8%)

Other 20740 Trends