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Lakefield city: Homeownership Rate Trend

How Lakefield 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
86.0%
2023
87.9%
Total change
+1.9 pp
% change
+2.2%
Year Homeownership Rate Change
2017 86.0%
2019 83.4% -2.6 pp (-3%)
2020 83.5% +0.1 pp (0.1%)
2021 82.4% -1.1 pp (-1.3%)
2022 84.8% +2.4 pp (2.9%)
2023 87.9% +3.1 pp (3.7%)

Other Lakefield city Trends