Buffalo city: Homeownership Rate Trend
How Buffalo 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
47.6%
2023
39.9%
Total change
-7.7 pp
% change
-16.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 47.6% | — |
| 2019 | 47.3% | -0.3 pp (-0.6%) |
| 2020 | 35.1% | -12.2 pp (-25.8%) |
| 2021 | 38.5% | +3.4 pp (9.7%) |
| 2022 | 38.7% | +0.2 pp (0.5%) |
| 2023 | 39.9% | +1.2 pp (3.1%) |