Palo city: Homeownership Rate Trend
How Palo 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
82.3%
2023
95.3%
Total change
+13.0 pp
% change
+15.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 82.3% | — |
| 2019 | 83.9% | +1.6 pp (1.9%) |
| 2020 | 88.6% | +4.7 pp (5.6%) |
| 2021 | 90.7% | +2.1 pp (2.4%) |
| 2022 | 93.8% | +3.1 pp (3.4%) |
| 2023 | 95.3% | +1.5 pp (1.6%) |