Bay City city: Homeownership Rate Trend
How Bay City 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
70.2%
2023
68.5%
Total change
-1.7 pp
% change
-2.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 70.2% | — |
| 2019 | 68.0% | -2.2 pp (-3.1%) |
| 2020 | 67.6% | -0.4 pp (-0.6%) |
| 2021 | 66.7% | -0.9 pp (-1.3%) |
| 2022 | 67.1% | +0.4 pp (0.6%) |
| 2023 | 68.5% | +1.4 pp (2.1%) |