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
73.3%
2023
70.1%
Total change
-3.2 pp
% change
-4.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 73.3% | — |
| 2019 | 74.8% | +1.5 pp (2%) |
| 2020 | 75.9% | +1.1 pp (1.5%) |
| 2021 | 74.6% | -1.3 pp (-1.7%) |
| 2022 | 75.6% | +1.0 pp (1.3%) |
| 2023 | 70.1% | -5.5 pp (-7.3%) |