Southfield city: Homeownership Rate Trend
How Southfield 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
48.0%
2023
51.9%
Total change
+3.9 pp
% change
+8.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 48.0% | — |
| 2019 | 47.8% | -0.2 pp (-0.4%) |
| 2020 | 48.6% | +0.8 pp (1.7%) |
| 2021 | 49.4% | +0.8 pp (1.6%) |
| 2022 | 51.1% | +1.7 pp (3.4%) |
| 2023 | 51.9% | +0.8 pp (1.6%) |