South Miami city: Homeownership Rate Trend
How South Miami 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
60.0%
2023
59.4%
Total change
-0.6 pp
% change
-1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 60.0% | — |
| 2019 | 53.8% | -6.2 pp (-10.3%) |
| 2020 | 56.3% | +2.5 pp (4.6%) |
| 2021 | 56.0% | -0.3 pp (-0.5%) |
| 2022 | 57.4% | +1.4 pp (2.5%) |
| 2023 | 59.4% | +2.0 pp (3.5%) |