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
50.8%
2023
55.0%
Total change
+4.2 pp
% change
+8.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 50.8% | — |
| 2019 | 52.6% | +1.8 pp (3.5%) |
| 2020 | 53.8% | +1.2 pp (2.3%) |
| 2021 | 53.5% | -0.3 pp (-0.6%) |
| 2022 | 54.0% | +0.5 pp (0.9%) |
| 2023 | 55.0% | +1.0 pp (1.9%) |