Bay city: Homeownership Rate Trend
How Bay 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
62.8%
2023
47.3%
Total change
-15.5 pp
% change
-24.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 62.8% | — |
| 2019 | 59.0% | -3.8 pp (-6.1%) |
| 2020 | 50.0% | -9.0 pp (-15.3%) |
| 2021 | 48.7% | -1.3 pp (-2.6%) |
| 2022 | 44.2% | -4.5 pp (-9.2%) |
| 2023 | 47.3% | +3.1 pp (7%) |