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
64.1%
2023
73.4%
Total change
+9.3 pp
% change
+14.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 64.1% | — |
| 2019 | 57.3% | -6.8 pp (-10.6%) |
| 2020 | 60.4% | +3.1 pp (5.4%) |
| 2021 | 63.5% | +3.1 pp (5.1%) |
| 2022 | 67.4% | +3.9 pp (6.1%) |
| 2023 | 73.4% | +6.0 pp (8.9%) |