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Richmond CDP: Homeownership Rate Trend

How Richmond CDP'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
71.8%
2023
58.1%
Total change
-13.7 pp
% change
-19.1%
Year Homeownership Rate Change
2017 71.8%
2019 64.6% -7.2 pp (-10%)
2020 56.2% -8.4 pp (-13%)
2021 55.8% -0.4 pp (-0.7%)
2022 55.0% -0.8 pp (-1.4%)
2023 58.1% +3.1 pp (5.6%)

Other Richmond CDP Trends