12020: Homeownership Rate Trend
How 12020'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
74.6%
2023
69.8%
Total change
-4.8 pp
% change
-6.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 74.6% | — |
| 2019 | 74.2% | -0.4 pp (-0.5%) |
| 2020 | 54.6% | -19.6 pp (-26.4%) |
| 2021 | 73.6% | +19.0 pp (34.8%) |
| 2022 | 71.0% | -2.6 pp (-3.5%) |
| 2023 | 69.8% | -1.2 pp (-1.7%) |