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Franklin city: Homeownership Rate Trend

How Franklin 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
49.7%
2023
53.4%
Total change
+3.7 pp
% change
+7.4%
Year Homeownership Rate Change
2017 49.7%
2019 51.6% +1.9 pp (3.8%)
2020
2021 51.9%
2022 55.6% +3.7 pp (7.1%)
2023 53.4% -2.2 pp (-4%)

Other Franklin city Trends