48140: Homeownership Rate Trend
How 48140'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
90.1%
2023
93.4%
Total change
+3.3 pp
% change
+3.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 90.1% | — |
| 2019 | 93.6% | +3.5 pp (3.9%) |
| 2020 | 72.3% | -21.3 pp (-22.8%) |
| 2021 | 94.1% | +21.8 pp (30.2%) |
| 2022 | 92.6% | -1.5 pp (-1.6%) |
| 2023 | 93.4% | +0.8 pp (0.9%) |