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
66.2%
2023
82.6%
Total change
+16.4 pp
% change
+24.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 66.2% | — |
| 2019 | 64.1% | -2.1 pp (-3.2%) |
| 2020 | 76.3% | +12.2 pp (19%) |
| 2021 | 61.7% | -14.6 pp (-19.1%) |
| 2022 | 77.8% | +16.1 pp (26.1%) |
| 2023 | 82.6% | +4.8 pp (6.2%) |