Memphis city: Homeownership Rate Trend
How Memphis 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
64.2%
2023
65.6%
Total change
+1.4 pp
% change
+2.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 64.2% | — |
| 2019 | 66.0% | +1.8 pp (2.8%) |
| 2020 | 72.1% | +6.1 pp (9.2%) |
| 2021 | 66.2% | -5.9 pp (-8.2%) |
| 2022 | 70.8% | +4.6 pp (6.9%) |
| 2023 | 65.6% | -5.2 pp (-7.3%) |