Federal Way city: Homeownership Rate Trend
How Federal Way 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
57.1%
2023
55.7%
Total change
-1.4 pp
% change
-2.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 57.1% | — |
| 2019 | 55.8% | -1.3 pp (-2.3%) |
| 2020 | 54.3% | -1.5 pp (-2.7%) |
| 2021 | 54.8% | +0.5 pp (0.9%) |
| 2022 | 55.4% | +0.6 pp (1.1%) |
| 2023 | 55.7% | +0.3 pp (0.5%) |