Palmetto city: Homeownership Rate Trend
How Palmetto 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
65.1%
2023
48.4%
Total change
-16.7 pp
% change
-25.7%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 65.1% | — |
| 2019 | 56.6% | -8.5 pp (-13.1%) |
| 2020 | 53.1% | -3.5 pp (-6.2%) |
| 2021 | 54.4% | +1.3 pp (2.4%) |
| 2022 | 53.2% | -1.2 pp (-2.2%) |
| 2023 | 48.4% | -4.8 pp (-9%) |