Federal Reserve Economic Data

Table Data - Homeownership Rate (5-year estimate) for Ford County, KS

Title Homeownership Rate (5-year estimate) for Ford County, KS
Series ID HOWNRATEACS020057
Source U.S. Census Bureau
Release Homeownership Rate (Not a Press Release)
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Rate
Date Range 2009-01-01 to 2023-01-01
Last Updated 2024-12-12 9:21 AM CST
Notes The homeownership rate is computed by dividing the estimated total population in owner-occupied units by the estimated total population (ACS 5-year variables B25008_002E and B25008_001E from table B25008, respectively).

A housing unit is owner-occupied if the owner or co-owner lives in the unit, even if it is mortgaged or not fully paid for. A housing unit is classified as occupied if it is the current place of residence of the person or group of people living in it at the time of interview, or if the occupants are only temporarily absent from the residence for two months or less (e.g., on vacation or a business trip). If all the people staying in the unit at the time of the interview are staying there for two months or less, the unit is considered to be temporarily occupied and classified as "vacant."

Multiyear estimates from the American Community Survey (ACS) are "period" estimates derived from a data sample collected over a period of time, as opposed to "point-in-time" estimates such as those from past decennial censuses. ACS 5-year estimate includes data collected over a 60-month period. The date of the data is the end of the 5-year period. For example, a value dated 2014 represents data from 2010 to 2014. However, they do not describe any specific day, month, or year within that time period.

Multiyear estimates require some considerations that single-year estimates do not. For example, multiyear estimates released in consecutive years consist mostly of overlapping years and shared data. The 2010-2014 ACS 5-year estimates share sample data from 2011 through 2014 with the 2011-2015 ACS 5-year estimates. Because of this overlap, users should use extreme caution in making comparisons with consecutive years of multiyear estimates.

Please see "Section 3: Understanding and Using ACS Single-Year and Multiyear Estimates" on publication page 13 (file page 19) of the 2018 ACS General Handbook for a more thorough clarification.
DATE VALUE
2009-01-01 72.115947386255120
2010-01-01 72.187509618640150
2011-01-01 70.409356725146200
2012-01-01 67.441296773216180
2013-01-01 65.973382668894710
2014-01-01 68.827378846834100
2015-01-01 65.420423507298310
2016-01-01 64.715100978739760
2017-01-01 66.269350756371760
2018-01-01 64.591900127207650
2019-01-01 64.411132345914950
2020-01-01 63.835135216983130
2021-01-01 65.765632401705360
2022-01-01 62.736383702201280
2023-01-01 63.083595035142814

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