Federal Reserve Economic Data

Table Data - Homeownership Rate (5-year estimate) for Haywood County, NC

Title Homeownership Rate (5-year estimate) for Haywood County, NC
Series ID HOWNRATEACS037087
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 9:20 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 75.68150371075850
2010-01-01 75.32143476000694
2011-01-01 75.00086358768870
2012-01-01 74.22559705218933
2013-01-01 74.27363791000154
2014-01-01 72.60306848375761
2015-01-01 72.22838610565844
2016-01-01 70.96768730524319
2017-01-01 71.21140622893353
2018-01-01 72.11700512272856
2019-01-01 73.61643111874258
2020-01-01 74.85215294635148
2021-01-01 76.95545766030347
2022-01-01 77.90201392382468
2023-01-01 77.53993403608615

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