48820: Homeownership Rate Trend
How 48820'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
81.3%
2023
85.4%
Total change
+4.1 pp
% change
+5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 81.3% | — |
| 2019 | 81.5% | +0.2 pp (0.2%) |
| 2020 | 73.8% | -7.7 pp (-9.4%) |
| 2021 | 84.2% | +10.4 pp (14.1%) |
| 2022 | 83.3% | -0.9 pp (-1.1%) |
| 2023 | 85.4% | +2.1 pp (2.5%) |