Somerville city: Homeownership Rate Trend
How Somerville 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
34.4%
2023
34.3%
Total change
-0.1 pp
% change
-0.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 34.4% | — |
| 2019 | 33.6% | -0.8 pp (-2.3%) |
| 2020 | 33.5% | -0.1 pp (-0.3%) |
| 2021 | 33.9% | +0.4 pp (1.2%) |
| 2022 | 33.6% | -0.3 pp (-0.9%) |
| 2023 | 34.3% | +0.7 pp (2.1%) |