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Table Data - Homeownership Rate (5-year estimate) for Somerset County, MD

NOTE: To improve accessibility of data for all users, this file was converted from a text format to an html table.

Title Homeownership Rate (5-year estimate) for Somerset County, MD
Series ID HOWNRATEACS024039
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 10:20 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 67.89024263251068
2010-01-01 67.76305693385851
2011-01-01 67.24406286087262
2012-01-01 70.09156175215898
2013-01-01 68.80315287284796
2014-01-01 65.53504380475594
2015-01-01 66.33616370444597
2016-01-01 65.56113209499664
2017-01-01 66.07657680441051
2018-01-01 65.73857273745291
2019-01-01 65.06605691056910
2020-01-01 66.69036254696861
2021-01-01 68.08555252673516
2022-01-01 68.22798241624982

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