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
54.6%
2023
49.0%
Total change
-5.6 pp
% change
-10.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 54.6% | — |
| 2019 | 58.0% | +3.4 pp (6.2%) |
| 2020 | 56.4% | -1.6 pp (-2.8%) |
| 2021 | 55.6% | -0.8 pp (-1.4%) |
| 2022 | 53.1% | -2.5 pp (-4.5%) |
| 2023 | 49.0% | -4.1 pp (-7.7%) |