Provo-Orem-Lehi, UT Metro Area: Homeownership Rate Trend
How Provo-Orem-Lehi, UT 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
67.5%
2023
68.4%
Total change
+0.9 pp
% change
+1.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 67.5% | — |
| 2019 | 67.9% | +0.4 pp (0.6%) |
| 2020 | 68.1% | +0.2 pp (0.3%) |
| 2021 | 68.7% | +0.6 pp (0.9%) |
| 2022 | 68.8% | +0.1 pp (0.1%) |
| 2023 | 68.4% | -0.4 pp (-0.6%) |