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Florence city: Homeownership Rate Trend

How Florence 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
48.4%
2023
70.2%
Total change
+21.8 pp
% change
+45%
Year Homeownership Rate Change
2017 48.4%
2019 49.8% +1.4 pp (2.9%)
2020 56.2% +6.4 pp (12.9%)
2021 56.2% +0.0 pp (0%)
2022 58.8% +2.6 pp (4.6%)
2023 70.2% +11.4 pp (19.4%)

Other Florence city Trends