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Albany city: Homeownership Rate Trend

How Albany city'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
47.6%
2023
53.6%
Total change
+6.0 pp
% change
+12.6%
Year Homeownership Rate Change
2017 47.6%
2019 47.0% -0.6 pp (-1.3%)
2020 48.6% +1.6 pp (3.4%)
2021 49.3% +0.7 pp (1.4%)
2022 50.5% +1.2 pp (2.4%)
2023 53.6% +3.1 pp (6.1%)

Other Albany city Trends