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Spencer city: Homeownership Rate Trend

How Spencer 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
51.7%
2023
45.8%
Total change
-5.9 pp
% change
-11.4%
Year Homeownership Rate Change
2017 51.7%
2019 50.5% -1.2 pp (-2.3%)
2020 44.7% -5.8 pp (-11.5%)
2021 46.7% +2.0 pp (4.5%)
2022 40.1% -6.6 pp (-14.1%)
2023 45.8% +5.7 pp (14.2%)

Other Spencer city Trends