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Lake City city: Homeownership Rate Trend

How Lake City city'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
48.7%
2023
39.8%
Total change
-8.9 pp
% change
-18.3%
Year Homeownership Rate Change
2017 48.7%
2019 42.6% -6.1 pp (-12.5%)
2020 41.0% -1.6 pp (-3.8%)
2021 41.9% +0.9 pp (2.2%)
2022 38.7% -3.2 pp (-7.6%)
2023 39.8% +1.1 pp (2.8%)

Other Lake City city Trends