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
75.2%
2023
71.4%
Total change
-3.8 pp
% change
-5.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 75.2% | — |
| 2019 | 74.5% | -0.7 pp (-0.9%) |
| 2020 | 75.4% | +0.9 pp (1.2%) |
| 2021 | 75.5% | +0.1 pp (0.1%) |
| 2022 | 75.2% | -0.3 pp (-0.4%) |
| 2023 | 71.4% | -3.8 pp (-5.1%) |