Lake Wales city: Homeownership Rate Trend
How Lake Wales 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
55.9%
2023
61.0%
Total change
+5.1 pp
% change
+9.1%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 55.9% | — |
| 2019 | 53.8% | -2.1 pp (-3.8%) |
| 2020 | 54.7% | +0.9 pp (1.7%) |
| 2021 | 58.3% | +3.6 pp (6.6%) |
| 2022 | 59.8% | +1.5 pp (2.6%) |
| 2023 | 61.0% | +1.2 pp (2%) |