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
56.9%
2023
60.3%
Total change
+3.4 pp
% change
+6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 56.9% | — |
| 2019 | 56.4% | -0.5 pp (-0.9%) |
| 2020 | 56.3% | -0.1 pp (-0.2%) |
| 2021 | 57.4% | +1.1 pp (2%) |
| 2022 | 59.6% | +2.2 pp (3.8%) |
| 2023 | 60.3% | +0.7 pp (1.2%) |