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Title:               Homeownership Rate (5-year estimate) for Cape May County, NJ
Series ID:           HOWNRATEACS034009
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  75.55447182053348
2010-01-01  76.81455200058610
2011-01-01  76.81168604835388
2012-01-01  76.82793704626147
2013-01-01  76.63876450504685
2014-01-01  77.03282855251074
2015-01-01  77.14583624461190
2016-01-01  76.91303127765666
2017-01-01  77.86328507673888
2018-01-01  77.29526902483983
2019-01-01  77.65985643290999
2020-01-01  78.44354446067366
2021-01-01  79.23935873805135
2022-01-01  79.69225512285234