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
51.7%
2023
55.3%
Total change
+3.6 pp
% change
+7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 51.7% | — |
| 2019 | 51.4% | -0.3 pp (-0.6%) |
| 2020 | 52.8% | +1.4 pp (2.7%) |
| 2021 | 54.2% | +1.4 pp (2.7%) |
| 2022 | 54.7% | +0.5 pp (0.9%) |
| 2023 | 55.3% | +0.6 pp (1.1%) |