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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
44.9%
2023
42.9%
Total change
-2.0 pp
% change
-4.5%
Year Homeownership Rate Change
2017 44.9%
2019 42.3% -2.6 pp (-5.8%)
2020 42.4% +0.1 pp (0.2%)
2021 42.9% +0.5 pp (1.2%)
2022 42.3% -0.6 pp (-1.4%)
2023 42.9% +0.6 pp (1.4%)

Other Springfield city Trends