Sheffield Lake city: Homeownership Rate Trend
How Sheffield Lake 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
72.4%
2023
72.1%
Total change
-0.3 pp
% change
-0.4%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 72.4% | — |
| 2019 | 78.4% | +6.0 pp (8.3%) |
| 2020 | 75.6% | -2.8 pp (-3.6%) |
| 2021 | 76.0% | +0.4 pp (0.5%) |
| 2022 | 76.5% | +0.5 pp (0.7%) |
| 2023 | 72.1% | -4.4 pp (-5.8%) |