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
68.0%
2023
65.1%
Total change
-2.9 pp
% change
-4.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 68.0% | — |
| 2019 | 69.7% | +1.7 pp (2.5%) |
| 2020 | 64.6% | -5.1 pp (-7.3%) |
| 2021 | 65.8% | +1.2 pp (1.9%) |
| 2022 | 65.0% | -0.8 pp (-1.2%) |
| 2023 | 65.1% | +0.1 pp (0.2%) |