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
55.4%
2023
58.1%
Total change
+2.7 pp
% change
+4.9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 55.4% | — |
| 2019 | 51.8% | -3.6 pp (-6.5%) |
| 2020 | 52.6% | +0.8 pp (1.5%) |
| 2021 | 55.9% | +3.3 pp (6.3%) |
| 2022 | 59.9% | +4.0 pp (7.2%) |
| 2023 | 58.1% | -1.8 pp (-3%) |