Red Bay city: Homeownership Rate Trend
How Red Bay 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
67.7%
2023
62.1%
Total change
-5.6 pp
% change
-8.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 67.7% | — |
| 2019 | 68.5% | +0.8 pp (1.2%) |
| 2020 | 66.7% | -1.8 pp (-2.6%) |
| 2021 | 66.1% | -0.6 pp (-0.9%) |
| 2022 | 61.7% | -4.4 pp (-6.7%) |
| 2023 | 62.1% | +0.4 pp (0.6%) |