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Franklin borough: Homeownership Rate Trend

How Franklin borough'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
69.5%
2023
57.0%
Total change
-12.5 pp
% change
-18%
Year Homeownership Rate Change
2017 69.5%
2019 72.9% +3.4 pp (4.9%)
2020 60.8% -12.1 pp (-16.6%)
2021 62.5% +1.7 pp (2.8%)
2022 58.8% -3.7 pp (-5.9%)
2023 57.0% -1.8 pp (-3.1%)

Other Franklin borough Trends