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
86.7%
2023
74.9%
Total change
-11.8 pp
% change
-13.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 86.7% | — |
| 2019 | 77.9% | -8.8 pp (-10.1%) |
| 2020 | 83.8% | +5.9 pp (7.6%) |
| 2021 | 81.4% | -2.4 pp (-2.9%) |
| 2022 | 77.3% | -4.1 pp (-5%) |
| 2023 | 74.9% | -2.4 pp (-3.1%) |