40940: Homeownership Rate Trend
How 40940'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
88.3%
2023
80.4%
Total change
-7.9 pp
% change
-8.9%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 88.3% | — |
| 2019 | 63.2% | -25.1 pp (-28.4%) |
| 2020 | 71.5% | +8.3 pp (13.1%) |
| 2021 | 86.0% | +14.5 pp (20.3%) |
| 2022 | 84.6% | -1.4 pp (-1.6%) |
| 2023 | 80.4% | -4.2 pp (-5%) |