Faribault city: Homeownership Rate Trend
How Faribault 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
65.3%
2023
65.4%
Total change
+0.1 pp
% change
+0.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 65.3% | — |
| 2019 | 64.0% | -1.3 pp (-2%) |
| 2020 | 65.9% | +1.9 pp (3%) |
| 2021 | 65.7% | -0.2 pp (-0.3%) |
| 2022 | 64.2% | -1.5 pp (-2.3%) |
| 2023 | 65.4% | +1.2 pp (1.9%) |