California: Homeownership Rate Trend
How California'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
54.5%
2023
55.8%
Total change
+1.3 pp
% change
+2.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 54.5% | — |
| 2019 | 54.8% | +0.3 pp (0.6%) |
| 2020 | — | — |
| 2021 | 55.5% | — |
| 2022 | 55.6% | +0.1 pp (0.2%) |
| 2023 | 55.8% | +0.2 pp (0.4%) |