Federal Reserve Economic Data

Table Data - Homeownership Rate (5-year estimate) for Nassau County, NY

Title Homeownership Rate (5-year estimate) for Nassau County, NY
Series ID HOWNRATEACS036059
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 85.55718243630236
2010-01-01 84.72246994135627
2011-01-01 84.52140513821020
2012-01-01 83.95515019307717
2013-01-01 83.17267141075112
2014-01-01 82.75094077640473
2015-01-01 82.75142229651227
2016-01-01 82.49311782272530
2017-01-01 82.88900837512455
2018-01-01 82.79684060404442
2019-01-01 82.71722771921742
2020-01-01 83.36638301311311
2021-01-01 83.91010305852760
2022-01-01 84.13010734710356
2023-01-01 84.52957130665546

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