Medford city: Homeownership Rate Trend
How Medford 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
57.5%
2023
53.1%
Total change
-4.4 pp
% change
-7.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 57.5% | — |
| 2019 | 56.2% | -1.3 pp (-2.3%) |
| 2020 | 55.5% | -0.7 pp (-1.2%) |
| 2021 | 54.5% | -1.0 pp (-1.8%) |
| 2022 | 53.3% | -1.2 pp (-2.2%) |
| 2023 | 53.1% | -0.2 pp (-0.4%) |