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Madison city: Homeownership Rate Trend

How Madison 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
67.1%
2023
40.5%
Total change
-26.6 pp
% change
-39.6%
Year Homeownership Rate Change
2017 67.1%
2019 57.1% -10.0 pp (-14.9%)
2020 49.9% -7.2 pp (-12.6%)
2021 47.4% -2.5 pp (-5%)
2022 41.8% -5.6 pp (-11.8%)
2023 40.5% -1.3 pp (-3.1%)

Other Madison city Trends