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Philadelphia city: Homeownership Rate Trend

How Philadelphia 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
58.6%
2023
65.3%
Total change
+6.7 pp
% change
+11.4%
Year Homeownership Rate Change
2017 58.6%
2019 55.7% -2.9 pp (-4.9%)
2020 52.8% -2.9 pp (-5.2%)
2021 54.1% +1.3 pp (2.5%)
2022 60.7% +6.6 pp (12.2%)
2023 65.3% +4.6 pp (7.6%)

Other Philadelphia city Trends