Southgate city: Homeownership Rate Trend
How Southgate 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
56.7%
Total change
-3.3 pp
% change
-5.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 60.0% | — |
| 2019 | 60.6% | +0.6 pp (1%) |
| 2020 | 59.3% | -1.3 pp (-2.1%) |
| 2021 | 55.5% | -3.8 pp (-6.4%) |
| 2022 | 57.2% | +1.7 pp (3.1%) |
| 2023 | 56.7% | -0.5 pp (-0.9%) |