Farmington town: Homeownership Rate Trend
How Farmington town'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
66.2%
2023
70.0%
Total change
+3.8 pp
% change
+5.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 66.2% | — |
| 2019 | 63.0% | -3.2 pp (-4.8%) |
| 2020 | 67.4% | +4.4 pp (7%) |
| 2021 | 70.5% | +3.1 pp (4.6%) |
| 2022 | 75.3% | +4.8 pp (6.8%) |
| 2023 | 70.0% | -5.3 pp (-7%) |