48220: Homeownership Rate Trend
How 48220'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
61.4%
2023
64.5%
Total change
+3.1 pp
% change
+5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 61.4% | — |
| 2019 | 64.4% | +3.0 pp (4.9%) |
| 2020 | 64.1% | -0.3 pp (-0.5%) |
| 2021 | 61.8% | -2.3 pp (-3.6%) |
| 2022 | 62.8% | +1.0 pp (1.6%) |
| 2023 | 64.5% | +1.7 pp (2.7%) |