Morristown, TN Metro Area: Homeownership Rate Trend
How Morristown, TN 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
69.4%
2023
70.9%
Total change
+1.5 pp
% change
+2.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 69.4% | — |
| 2019 | 72.1% | +2.7 pp (3.9%) |
| 2020 | 71.8% | -0.3 pp (-0.4%) |
| 2021 | 71.7% | -0.1 pp (-0.1%) |
| 2022 | 71.6% | -0.1 pp (-0.1%) |
| 2023 | 70.9% | -0.7 pp (-1%) |