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
60.1%
2023
74.6%
Total change
+14.5 pp
% change
+24.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 60.1% | — |
| 2019 | 62.7% | +2.6 pp (4.3%) |
| 2020 | 66.9% | +4.2 pp (6.7%) |
| 2021 | 71.4% | +4.5 pp (6.7%) |
| 2022 | 68.2% | -3.2 pp (-4.5%) |
| 2023 | 74.6% | +6.4 pp (9.4%) |