NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Homeownership Rate (5-year estimate) for Lea County, NM Series ID: HOWNRATEACS035025 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 2022-01-01 Last Updated: 2023-12-07 10:16 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 (https://www.census.gov/content/dam/Census/library/publications/2018/acs/acs_general_handbook_2018.pdf) for a more thorough clarification. DATE VALUE 2009-01-01 71.12151215121511 2010-01-01 71.13705058196817 2011-01-01 70.25424974281096 2012-01-01 70.02350909178140 2013-01-01 71.35736859483342 2014-01-01 72.17056897510348 2015-01-01 70.58012514582670 2016-01-01 69.45235881594337 2017-01-01 68.61618798955614 2018-01-01 68.44303572486523 2019-01-01 67.50469264990615 2020-01-01 69.01662090750746 2021-01-01 70.09899579802008 2022-01-01 70.23009800732581