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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
52.5%
2023
55.9%
Total change
+3.4 pp
% change
+6.5%
Year Homeownership Rate Change
2017 52.5%
2019 46.4% -6.1 pp (-11.6%)
2020 47.6% +1.2 pp (2.6%)
2021 50.1% +2.5 pp (5.3%)
2022 59.1% +9.0 pp (18%)
2023 55.9% -3.2 pp (-5.4%)

Other Springfield city Trends