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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
63.6%
2023
55.9%
Total change
-7.7 pp
% change
-12.1%
Year Homeownership Rate Change
2017 63.6%
2019 61.5% -2.1 pp (-3.3%)
2020 59.1% -2.4 pp (-3.9%)
2021 57.0% -2.1 pp (-3.6%)
2022 58.3% +1.3 pp (2.3%)
2023 55.9% -2.4 pp (-4.1%)

Other Madison city Trends