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Parma city: Homeownership Rate Trend

How Parma 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
61.2%
2023
66.0%
Total change
+4.8 pp
% change
+7.8%
Year Homeownership Rate Change
2017 61.2%
2019 66.0% +4.8 pp (7.8%)
2020 70.2% +4.2 pp (6.4%)
2021 70.1% -0.1 pp (-0.1%)
2022 70.4% +0.3 pp (0.4%)
2023 66.0% -4.4 pp (-6.3%)

Other Parma city Trends