Montgomery city: Homeownership Rate Trend
How Montgomery 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
70.1%
2023
57.5%
Total change
-12.6 pp
% change
-18%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 70.1% | — |
| 2019 | 64.2% | -5.9 pp (-8.4%) |
| 2020 | 58.2% | -6.0 pp (-9.3%) |
| 2021 | 63.4% | +5.2 pp (8.9%) |
| 2022 | 60.6% | -2.8 pp (-4.4%) |
| 2023 | 57.5% | -3.1 pp (-5.1%) |