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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
55.8%
2023
68.0%
Total change
+12.2 pp
% change
+21.9%
Year Homeownership Rate Change
2017 55.8%
2019 54.6% -1.2 pp (-2.2%)
2020 62.3% +7.7 pp (14.1%)
2021 62.4% +0.1 pp (0.2%)
2022 68.5% +6.1 pp (9.8%)
2023 68.0% -0.5 pp (-0.7%)

Other Springfield city Trends