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Gap CDP: Homeownership Rate Trend

How Gap CDP'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
76.9%
2023
70.7%
Total change
-6.2 pp
% change
-8.1%
Year Homeownership Rate Change
2017 76.9%
2019 79.7% +2.8 pp (3.6%)
2020 82.5% +2.8 pp (3.5%)
2021 81.5% -1.0 pp (-1.2%)
2022 75.8% -5.7 pp (-7%)
2023 70.7% -5.1 pp (-6.7%)

Other Gap CDP Trends