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New Mexico: Homeownership Rate Trend

How New Mexico'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
67.9%
2023
69.3%
Total change
+1.4 pp
% change
+2.1%
Year Homeownership Rate Change
2017 67.9%
2019 67.7% -0.2 pp (-0.3%)
2020
2021 68.2%
2022 68.7% +0.5 pp (0.7%)
2023 69.3% +0.6 pp (0.9%)

Other New Mexico Trends