South Bay city: Homeownership Rate Trend
How South Bay 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
46.5%
2023
60.2%
Total change
+13.7 pp
% change
+29.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 46.5% | — |
| 2019 | 52.0% | +5.5 pp (11.8%) |
| 2020 | 54.3% | +2.3 pp (4.4%) |
| 2021 | 56.4% | +2.1 pp (3.9%) |
| 2022 | 58.2% | +1.8 pp (3.2%) |
| 2023 | 60.2% | +2.0 pp (3.4%) |