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
49.8%
2023
41.4%
Total change
-8.4 pp
% change
-16.9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 49.8% | — |
| 2019 | 46.4% | -3.4 pp (-6.8%) |
| 2020 | 52.2% | +5.8 pp (12.5%) |
| 2021 | 49.3% | -2.9 pp (-5.6%) |
| 2022 | 45.4% | -3.9 pp (-7.9%) |
| 2023 | 41.4% | -4.0 pp (-8.8%) |