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New Jersey: Homeownership Rate Trend

How New Jersey'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
64.1%
2023
63.7%
Total change
-0.4 pp
% change
-0.6%
Year Homeownership Rate Change
2017 64.1%
2019 63.9% -0.2 pp (-0.3%)
2020
2021 63.8%
2022 63.9% +0.1 pp (0.2%)
2023 63.7% -0.2 pp (-0.3%)

Other New Jersey Trends