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
49.0%
2023
50.5%
Total change
+1.5 pp
% change
+3.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 49.0% | — |
| 2019 | 57.7% | +8.7 pp (17.8%) |
| 2020 | 54.7% | -3.0 pp (-5.2%) |
| 2021 | 52.3% | -2.4 pp (-4.4%) |
| 2022 | 54.1% | +1.8 pp (3.4%) |
| 2023 | 50.5% | -3.6 pp (-6.7%) |