Lake Elmo city: Homeownership Rate Trend
How Lake Elmo 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
94.4%
2023
92.3%
Total change
-2.1 pp
% change
-2.2%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 94.4% | — |
| 2019 | 93.2% | -1.2 pp (-1.3%) |
| 2020 | 92.6% | -0.6 pp (-0.6%) |
| 2021 | 94.1% | +1.5 pp (1.6%) |
| 2022 | 91.7% | -2.4 pp (-2.6%) |
| 2023 | 92.3% | +0.6 pp (0.7%) |