48060: Homeownership Rate Trend
How 48060'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
56.8%
2023
62.2%
Total change
+5.4 pp
% change
+9.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 56.8% | — |
| 2019 | 54.8% | -2.0 pp (-3.5%) |
| 2020 | 55.7% | +0.9 pp (1.6%) |
| 2021 | 59.6% | +3.9 pp (7%) |
| 2022 | 60.9% | +1.3 pp (2.2%) |
| 2023 | 62.2% | +1.3 pp (2.1%) |