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
74.2%
2023
75.3%
Total change
+1.1 pp
% change
+1.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 74.2% | — |
| 2019 | 78.6% | +4.4 pp (5.9%) |
| 2020 | 77.2% | -1.4 pp (-1.8%) |
| 2021 | 81.0% | +3.8 pp (4.9%) |
| 2022 | 79.8% | -1.2 pp (-1.5%) |
| 2023 | 75.3% | -4.5 pp (-5.6%) |