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
59.5%
2023
56.4%
Total change
-3.1 pp
% change
-5.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 59.5% | — |
| 2019 | 55.7% | -3.8 pp (-6.4%) |
| 2020 | 56.7% | +1.0 pp (1.8%) |
| 2021 | 56.8% | +0.1 pp (0.2%) |
| 2022 | 56.5% | -0.3 pp (-0.5%) |
| 2023 | 56.4% | -0.1 pp (-0.2%) |