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42020: Homeownership Rate Trend

How 42020'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
95.8%
2023
86.0%
Total change
-9.8 pp
% change
-10.2%
Year Homeownership Rate Change
2017 95.8%
2019 96.9% +1.1 pp (1.1%)
2020 62.7% -34.2 pp (-35.3%)
2021 96.8% +34.1 pp (54.4%)
2022 97.7% +0.9 pp (0.9%)
2023 86.0% -11.7 pp (-12%)

Other 42020 Trends