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
60.0%
2023
62.3%
Total change
+2.3 pp
% change
+3.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 60.0% | — |
| 2019 | 63.4% | +3.4 pp (5.7%) |
| 2020 | 65.3% | +1.9 pp (3%) |
| 2021 | 66.2% | +0.9 pp (1.4%) |
| 2022 | 62.1% | -4.1 pp (-6.2%) |
| 2023 | 62.3% | +0.2 pp (0.3%) |