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Bessemer City city: Homeownership Rate Trend

How Bessemer 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
59.9%
2023
55.9%
Total change
-4.0 pp
% change
-6.7%
Year Homeownership Rate Change
2017 59.9%
2019 51.2% -8.7 pp (-14.5%)
2020 47.0% -4.2 pp (-8.2%)
2021 50.4% +3.4 pp (7.2%)
2022 49.0% -1.4 pp (-2.8%)
2023 55.9% +6.9 pp (14.1%)

Other Bessemer City city Trends