Detroit-Warren-Dearborn, MI Metro Area: Homeownership Rate Trend
How Detroit-Warren-Dearborn, MI Metro Area'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
68.8%
2023
70.9%
Total change
+2.1 pp
% change
+3.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 68.8% | — |
| 2019 | 69.0% | +0.2 pp (0.3%) |
| 2020 | 69.5% | +0.5 pp (0.7%) |
| 2021 | 70.1% | +0.6 pp (0.9%) |
| 2022 | 70.6% | +0.5 pp (0.7%) |
| 2023 | 70.9% | +0.3 pp (0.4%) |