Traverse City, MI Metro Area: Homeownership Rate Trend
How Traverse City, 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
80.0%
2023
81.2%
Total change
+1.2 pp
% change
+1.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 80.0% | — |
| 2019 | 80.4% | +0.4 pp (0.5%) |
| 2020 | 81.0% | +0.6 pp (0.7%) |
| 2021 | 80.6% | -0.4 pp (-0.5%) |
| 2022 | 80.6% | +0.0 pp (0%) |
| 2023 | 81.2% | +0.6 pp (0.7%) |