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
57.3%
2023
68.4%
Total change
+11.1 pp
% change
+19.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 57.3% | — |
| 2019 | 56.4% | -0.9 pp (-1.6%) |
| 2020 | 63.7% | +7.3 pp (12.9%) |
| 2021 | 68.0% | +4.3 pp (6.8%) |
| 2022 | 63.0% | -5.0 pp (-7.4%) |
| 2023 | 68.4% | +5.4 pp (8.6%) |