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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
80.1%
2023
70.1%
Total change
-10.0 pp
% change
-12.5%
Year Homeownership Rate Change
2017 80.1%
2019 72.6% -7.5 pp (-9.4%)
2020 60.8% -11.8 pp (-16.3%)
2021 61.1% +0.3 pp (0.5%)
2022 63.6% +2.5 pp (4.1%)
2023 70.1% +6.5 pp (10.2%)

Other Springfield city Trends