Federal Reserve Economic Data

Table Data - Homeownership Rate (5-year estimate) for Denton County, TX

Title Homeownership Rate (5-year estimate) for Denton County, TX
Series ID HOWNRATEACS048121
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 71.58686036840370
2010-01-01 71.70774756819951
2011-01-01 71.82842013689515
2012-01-01 71.31199187146913
2013-01-01 70.58751250940055
2014-01-01 69.79677504565241
2015-01-01 69.51790025196755
2016-01-01 68.93789951384622
2017-01-01 69.31432689205923
2018-01-01 69.24318212404050
2019-01-01 69.86541018687825
2020-01-01 70.08147161785742
2021-01-01 70.33919241643716
2022-01-01 70.14740994842810
2023-01-01 70.60929635462895

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