Gallup city: Homeownership Rate Trend
How Gallup 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
49.4%
Total change
-10.6 pp
% change
-17.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 60.0% | — |
| 2019 | 57.1% | -2.9 pp (-4.8%) |
| 2020 | 51.0% | -6.1 pp (-10.7%) |
| 2021 | 54.5% | +3.5 pp (6.9%) |
| 2022 | 54.6% | +0.1 pp (0.2%) |
| 2023 | 49.4% | -5.2 pp (-9.5%) |