Covington city: Homeownership Rate Trend
How Covington 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
40.8%
2023
46.2%
Total change
+5.4 pp
% change
+13.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 40.8% | — |
| 2019 | 41.6% | +0.8 pp (2%) |
| 2020 | 40.3% | -1.3 pp (-3.1%) |
| 2021 | 43.3% | +3.0 pp (7.4%) |
| 2022 | 45.5% | +2.2 pp (5.1%) |
| 2023 | 46.2% | +0.7 pp (1.5%) |