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
50.2%
2023
49.8%
Total change
-0.4 pp
% change
-0.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 50.2% | — |
| 2019 | 55.9% | +5.7 pp (11.4%) |
| 2020 | 52.1% | -3.8 pp (-6.8%) |
| 2021 | 53.4% | +1.3 pp (2.5%) |
| 2022 | 55.3% | +1.9 pp (3.6%) |
| 2023 | 49.8% | -5.5 pp (-9.9%) |