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
40.3%
2023
48.2%
Total change
+7.9 pp
% change
+19.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 40.3% | — |
| 2019 | 42.4% | +2.1 pp (5.2%) |
| 2020 | 46.9% | +4.5 pp (10.6%) |
| 2021 | 44.6% | -2.3 pp (-4.9%) |
| 2022 | 49.0% | +4.4 pp (9.9%) |
| 2023 | 48.2% | -0.8 pp (-1.6%) |