Oil City city: Homeownership Rate Trend
How Oil City 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
63.0%
2023
61.4%
Total change
-1.6 pp
% change
-2.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 63.0% | — |
| 2019 | 62.7% | -0.3 pp (-0.5%) |
| 2020 | 59.4% | -3.3 pp (-5.3%) |
| 2021 | 60.0% | +0.6 pp (1%) |
| 2022 | 61.6% | +1.6 pp (2.7%) |
| 2023 | 61.4% | -0.2 pp (-0.3%) |