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Springfield city: Homeownership Rate Trend

How Springfield 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
69.6%
Total change
+17.9 pp
% change
+34.6%
Year Homeownership Rate Change
2017 51.7%
2019 51.6% -0.1 pp (-0.2%)
2020 61.1% +9.5 pp (18.4%)
2021 59.8% -1.3 pp (-2.1%)
2022 67.9% +8.1 pp (13.5%)
2023 69.6% +1.7 pp (2.5%)

Other Springfield city Trends