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
49.2%
2023
51.5%
Total change
+2.3 pp
% change
+4.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 49.2% | — |
| 2019 | 48.8% | -0.4 pp (-0.8%) |
| 2020 | 49.6% | +0.8 pp (1.6%) |
| 2021 | 49.7% | +0.1 pp (0.2%) |
| 2022 | 51.4% | +1.7 pp (3.4%) |
| 2023 | 51.5% | +0.1 pp (0.2%) |