Federal Reserve Economic Data

Table Data - Homeownership Rate (5-year estimate) for Camden County, NJ

Title Homeownership Rate (5-year estimate) for Camden County, NJ
Series ID HOWNRATEACS034007
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 9:19 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 74.20344127559770
2010-01-01 74.09188933357362
2011-01-01 73.27120109361182
2012-01-01 72.78888030033153
2013-01-01 72.16873184324420
2014-01-01 71.46314914502851
2015-01-01 71.31983616427937
2016-01-01 70.67632926911524
2017-01-01 70.45748055395200
2018-01-01 70.38888489294877
2019-01-01 70.66414315209910
2020-01-01 70.26972959023428
2021-01-01 69.95276864413536
2022-01-01 70.14590674217844
2023-01-01 70.07185568564394

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