Chesapeake city: Homeownership Rate Trend
How Chesapeake 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
70.9%
2023
73.8%
Total change
+2.9 pp
% change
+4.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 70.9% | — |
| 2019 | 71.4% | +0.5 pp (0.7%) |
| 2020 | 72.3% | +0.9 pp (1.3%) |
| 2021 | 72.7% | +0.4 pp (0.6%) |
| 2022 | 73.3% | +0.6 pp (0.8%) |
| 2023 | 73.8% | +0.5 pp (0.7%) |