Federal Reserve Economic Data

Table Data - Homeownership Rate (5-year estimate) for Warren County, VA

Title Homeownership Rate (5-year estimate) for Warren County, VA
Series ID HOWNRATEACS051187
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 10:13 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 76.70499380002255
2010-01-01 75.64211274925464
2011-01-01 76.09271342378989
2012-01-01 73.83104019104995
2013-01-01 74.85310764918334
2014-01-01 76.41945922815651
2015-01-01 78.26398471499840
2016-01-01 76.84011153785447
2017-01-01 77.48278480349803
2018-01-01 76.64484748130708
2019-01-01 76.06448945845390
2020-01-01 75.32377959996934
2021-01-01 75.50609832767509
2022-01-01 74.42413025535852

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