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
57.1%
2023
52.9%
Total change
-4.2 pp
% change
-7.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 57.1% | — |
| 2019 | 54.9% | -2.2 pp (-3.9%) |
| 2020 | 53.9% | -1.0 pp (-1.8%) |
| 2021 | 57.7% | +3.8 pp (7.1%) |
| 2022 | 55.7% | -2.0 pp (-3.5%) |
| 2023 | 52.9% | -2.8 pp (-5%) |