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
56.8%
2023
57.5%
Total change
+0.7 pp
% change
+1.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 56.8% | — |
| 2019 | 55.0% | -1.8 pp (-3.2%) |
| 2020 | 53.8% | -1.2 pp (-2.2%) |
| 2021 | 55.8% | +2.0 pp (3.7%) |
| 2022 | 56.3% | +0.5 pp (0.9%) |
| 2023 | 57.5% | +1.2 pp (2.1%) |