Hobbs city: Homeownership Rate Trend
How Hobbs 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
62.4%
2023
62.8%
Total change
+0.4 pp
% change
+0.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 62.4% | — |
| 2019 | 59.5% | -2.9 pp (-4.6%) |
| 2020 | 60.1% | +0.6 pp (1%) |
| 2021 | 61.0% | +0.9 pp (1.5%) |
| 2022 | 61.4% | +0.4 pp (0.7%) |
| 2023 | 62.8% | +1.4 pp (2.3%) |