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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
67.2%
2023
62.7%
Total change
-4.5 pp
% change
-6.7%
Year Homeownership Rate Change
2017 67.2%
2019 59.7% -7.5 pp (-11.2%)
2020 63.4% +3.7 pp (6.2%)
2021 62.7% -0.7 pp (-1.1%)
2022 52.8% -9.9 pp (-15.8%)
2023 62.7% +9.9 pp (18.8%)

Other Farmington CDP Trends