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
85.6%
2023
87.8%
Total change
+2.2 pp
% change
+2.6%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 85.6% | — |
| 2019 | 89.7% | +4.1 pp (4.8%) |
| 2020 | 87.8% | -1.9 pp (-2.1%) |
| 2021 | 85.7% | -2.1 pp (-2.4%) |
| 2022 | 87.5% | +1.8 pp (2.1%) |
| 2023 | 87.8% | +0.3 pp (0.3%) |