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 Centre County, PA Series ID: HOWNRATEACS042027 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 10:15 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 64.405479276888900 2010-01-01 63.445092982218000 2011-01-01 63.133849713907310 2012-01-01 62.147552421872135 2013-01-01 62.785313325907000 2014-01-01 63.236421748134990 2015-01-01 62.986322726950604 2016-01-01 62.961371576693340 2017-01-01 63.424432235714036 2018-01-01 63.955224922187945 2019-01-01 63.640737099709256 2020-01-01 64.733506334485900 2021-01-01 65.410556453738070 2022-01-01 65.769194860782950