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Chicago-Naperville-Elgin, IL-IN Metro Area: Homeownership Rate Trend

How Chicago-Naperville-Elgin, IL-IN Metro Area'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
64.4%
2023
65.3%
Total change
+0.9 pp
% change
+1.4%
Year Homeownership Rate Change
2017 64.4%
2019 64.5% +0.1 pp (0.2%)
2020 64.8% +0.3 pp (0.5%)
2021 65.1% +0.3 pp (0.5%)
2022 65.2% +0.1 pp (0.2%)
2023 65.3% +0.1 pp (0.2%)

Other Chicago-Naperville-Elgin, IL-IN Metro Area Trends