Palo Alto County: Homeownership Rate Trend
How Palo Alto County'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
53.2%
2023
54.7%
Total change
+1.5 pp
% change
+2.8%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 53.2% | — |
| 2019 | 55.1% | +1.9 pp (3.6%) |
| 2020 | — | — |
| 2021 | 57.1% | — |
| 2022 | 56.7% | -0.4 pp (-0.7%) |
| 2023 | 54.7% | -2.0 pp (-3.5%) |