Fayette city: Homeownership Rate Trend
How Fayette 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
55.7%
2023
47.4%
Total change
-8.3 pp
% change
-14.9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 55.7% | — |
| 2019 | 58.1% | +2.4 pp (4.3%) |
| 2020 | 52.6% | -5.5 pp (-9.5%) |
| 2021 | 55.2% | +2.6 pp (4.9%) |
| 2022 | 53.0% | -2.2 pp (-4%) |
| 2023 | 47.4% | -5.6 pp (-10.6%) |