Farmington city: Homeownership Rate Trend
How Farmington 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
59.4%
2023
64.5%
Total change
+5.1 pp
% change
+8.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 59.4% | — |
| 2019 | 59.0% | -0.4 pp (-0.7%) |
| 2020 | 62.4% | +3.4 pp (5.8%) |
| 2021 | 64.7% | +2.3 pp (3.7%) |
| 2022 | 63.5% | -1.2 pp (-1.9%) |
| 2023 | 64.5% | +1.0 pp (1.6%) |