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Elgin city: Homeownership Rate Trend

How Elgin 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
71.8%
2023
77.8%
Total change
+6.0 pp
% change
+8.4%
Year Homeownership Rate Change
2017 71.8%
2019 71.5% -0.3 pp (-0.4%)
2020 72.0% +0.5 pp (0.7%)
2021 70.7% -1.3 pp (-1.8%)
2022 76.0% +5.3 pp (7.5%)
2023 77.8% +1.8 pp (2.4%)

Other Elgin city Trends