Farmington CDP: Homeownership Rate Trend
How Farmington CDP'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
45.0%
2023
37.8%
Total change
-7.2 pp
% change
-16%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 45.0% | — |
| 2019 | 43.0% | -2.0 pp (-4.4%) |
| 2020 | 40.8% | -2.2 pp (-5.1%) |
| 2021 | 42.1% | +1.3 pp (3.2%) |
| 2022 | 35.3% | -6.8 pp (-16.2%) |
| 2023 | 37.8% | +2.5 pp (7.1%) |