Richmond city: Homeownership Rate Trend
How Richmond 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
50.3%
2023
52.5%
Total change
+2.2 pp
% change
+4.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 50.3% | — |
| 2019 | 49.8% | -0.5 pp (-1%) |
| 2020 | 53.0% | +3.2 pp (6.4%) |
| 2021 | 52.0% | -1.0 pp (-1.9%) |
| 2022 | 51.9% | -0.1 pp (-0.2%) |
| 2023 | 52.5% | +0.6 pp (1.2%) |