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New Franklin city: Homeownership Rate Trend

How New Franklin 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
55.8%
2023
62.2%
Total change
+6.4 pp
% change
+11.5%
Year Homeownership Rate Change
2017 55.8%
2019 61.3% +5.5 pp (9.9%)
2020 66.1% +4.8 pp (7.8%)
2021 66.4% +0.3 pp (0.5%)
2022 72.2% +5.8 pp (8.7%)
2023 62.2% -10.0 pp (-13.9%)

Other New Franklin city Trends