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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
64.9%
2023
64.3%
Total change
-0.6 pp
% change
-0.9%
Year Homeownership Rate Change
2017 64.9%
2019 74.0% +9.1 pp (14%)
2020 70.3% -3.7 pp (-5%)
2021 71.3% +1.0 pp (1.4%)
2022 69.8% -1.5 pp (-2.1%)
2023 64.3% -5.5 pp (-7.9%)

Other Elgin city Trends