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
80.4%
2023
82.5%
Total change
+2.1 pp
% change
+2.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 80.4% | — |
| 2019 | 81.5% | +1.1 pp (1.4%) |
| 2020 | 82.1% | +0.6 pp (0.7%) |
| 2021 | 82.6% | +0.5 pp (0.6%) |
| 2022 | 82.0% | -0.6 pp (-0.7%) |
| 2023 | 82.5% | +0.5 pp (0.6%) |