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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
45.9%
2023
56.5%
Total change
+10.6 pp
% change
+23.1%
Year Homeownership Rate Change
2017 45.9%
2019 48.5% +2.6 pp (5.7%)
2020 47.1% -1.4 pp (-2.9%)
2021 49.9% +2.8 pp (5.9%)
2022 49.8% -0.1 pp (-0.2%)
2023 56.5% +6.7 pp (13.5%)

Other Springfield city Trends