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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
49.9%
2023
42.1%
Total change
-7.8 pp
% change
-15.6%
Year Homeownership Rate Change
2017 49.9%
2019 53.5% +3.6 pp (7.2%)
2020 56.9% +3.4 pp (6.4%)
2021 47.8% -9.1 pp (-16%)
2022 44.4% -3.4 pp (-7.1%)
2023 42.1% -2.3 pp (-5.2%)

Other Lake City city Trends