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
47.5%
2023
46.0%
Total change
-1.5 pp
% change
-3.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 47.5% | — |
| 2019 | 46.6% | -0.9 pp (-1.9%) |
| 2020 | 46.2% | -0.4 pp (-0.9%) |
| 2021 | 46.8% | +0.6 pp (1.3%) |
| 2022 | 46.6% | -0.2 pp (-0.4%) |
| 2023 | 46.0% | -0.6 pp (-1.3%) |