Provo city: Homeownership Rate Trend
How Provo 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
40.8%
2023
39.9%
Total change
-0.9 pp
% change
-2.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 40.8% | — |
| 2019 | 39.6% | -1.2 pp (-2.9%) |
| 2020 | 40.5% | +0.9 pp (2.3%) |
| 2021 | 40.3% | -0.2 pp (-0.5%) |
| 2022 | 39.1% | -1.2 pp (-3%) |
| 2023 | 39.9% | +0.8 pp (2%) |