Palmetto Bay village: Homeownership Rate Trend
How Palmetto Bay village'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
85.2%
2023
79.0%
Total change
-6.2 pp
% change
-7.3%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 85.2% | — |
| 2019 | 80.7% | -4.5 pp (-5.3%) |
| 2020 | 79.9% | -0.8 pp (-1%) |
| 2021 | 79.2% | -0.7 pp (-0.9%) |
| 2022 | 78.2% | -1.0 pp (-1.3%) |
| 2023 | 79.0% | +0.8 pp (1%) |