Memphis CDP: Homeownership Rate Trend
How Memphis CDP'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
68.4%
2023
72.2%
Total change
+3.8 pp
% change
+5.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 68.4% | — |
| 2019 | 69.5% | +1.1 pp (1.6%) |
| 2020 | 71.2% | +1.7 pp (2.4%) |
| 2021 | 72.3% | +1.1 pp (1.5%) |
| 2022 | 71.4% | -0.9 pp (-1.2%) |
| 2023 | 72.2% | +0.8 pp (1.1%) |