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
34.4%
2023
40.1%
Total change
+5.7 pp
% change
+16.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 34.4% | — |
| 2019 | 35.8% | +1.4 pp (4.1%) |
| 2020 | 38.5% | +2.7 pp (7.5%) |
| 2021 | 36.4% | -2.1 pp (-5.5%) |
| 2022 | 38.4% | +2.0 pp (5.5%) |
| 2023 | 40.1% | +1.7 pp (4.4%) |