Franklin city: Homeownership Rate Trend
How Franklin 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
43.9%
2023
53.2%
Total change
+9.3 pp
% change
+21.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 43.9% | — |
| 2019 | 45.7% | +1.8 pp (4.1%) |
| 2020 | 46.0% | +0.3 pp (0.7%) |
| 2021 | 50.7% | +4.7 pp (10.2%) |
| 2022 | 49.6% | -1.1 pp (-2.2%) |
| 2023 | 53.2% | +3.6 pp (7.3%) |