Lorain city: Homeownership Rate Trend
How Lorain 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
56.8%
2023
55.8%
Total change
-1.0 pp
% change
-1.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 56.8% | — |
| 2019 | 56.1% | -0.7 pp (-1.2%) |
| 2020 | 55.5% | -0.6 pp (-1.1%) |
| 2021 | 54.6% | -0.9 pp (-1.6%) |
| 2022 | 55.1% | +0.5 pp (0.9%) |
| 2023 | 55.8% | +0.7 pp (1.3%) |