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
41.7%
2023
43.5%
Total change
+1.8 pp
% change
+4.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 41.7% | — |
| 2019 | 42.6% | +0.9 pp (2.2%) |
| 2020 | 43.7% | +1.1 pp (2.6%) |
| 2021 | 43.4% | -0.3 pp (-0.7%) |
| 2022 | 43.2% | -0.2 pp (-0.5%) |
| 2023 | 43.5% | +0.3 pp (0.7%) |