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South Lyon city: Homeownership Rate Trend

How South Lyon 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
74.8%
2023
79.6%
Total change
+4.8 pp
% change
+6.4%
Year Homeownership Rate Change
2017 74.8%
2019 79.0% +4.2 pp (5.6%)
2020 81.4% +2.4 pp (3%)
2021 83.6% +2.2 pp (2.7%)
2022 82.9% -0.7 pp (-0.8%)
2023 79.6% -3.3 pp (-4%)

Other South Lyon city Trends