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
79.8%
2023
86.9%
Total change
+7.1 pp
% change
+8.9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 79.8% | — |
| 2019 | 75.2% | -4.6 pp (-5.8%) |
| 2020 | 77.9% | +2.7 pp (3.6%) |
| 2021 | 79.8% | +1.9 pp (2.4%) |
| 2022 | 84.4% | +4.6 pp (5.8%) |
| 2023 | 86.9% | +2.5 pp (3%) |