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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
78.0%
2023
74.8%
Total change
-3.2 pp
% change
-4.1%
Year Homeownership Rate Change
2017 78.0%
2019 75.1% -2.9 pp (-3.7%)
2020 69.6% -5.5 pp (-7.3%)
2021 72.1% +2.5 pp (3.6%)
2022 72.2% +0.1 pp (0.1%)
2023 74.8% +2.6 pp (3.6%)

Other Springfield city Trends