Federal Reserve Economic Data


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 (i) it is the current place of residence of the person or group of persons living in it at the time of interview or (ii) the occupants are only temporarily absent from the residence for two months or less (e.g., on vacation or a business trip). If all those staying in the unit at the time of the interview plan to stay 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. https://www.census.gov/content/dam/Census/library/publications/2018/acs/acs_general_handbook_2018.pdf


   

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    2009    
 
 
    2023
Rate
Name 2023 Preceding
Period
Year Ago
from Period
Allegany County
73.75724 73.17845 73.17845
Anne Arundel County
77.37550 77.45454 77.45454
Baltimore City
51.60562 51.96421 51.96421
Baltimore County
68.79459 69.33316 69.33316
Calvert County
88.26248 87.47653 87.47653
Caroline County
73.23098 73.34453 73.34453
Carroll County
87.50792 86.78087 86.78087
Cecil County
76.60225 77.32319 77.32319
Charles County
83.14051 81.47869 81.47869
Dorchester County
64.48147 66.06284 66.06284
Frederick County
80.54040 79.82771 79.82771
Garrett County
83.50247 82.50603 82.50603
Harford County
82.63711 82.96602 82.96602
Howard County
75.97418 76.00350 76.00350
Kent County
72.80761 70.75696 70.75696
Montgomery County
68.52261 68.62678 68.62678
Prince George's County
64.45178 64.44398 64.44398
Queen Anne's County
82.06229 82.00008 82.00008
Somerset County
70.34423 68.22798 68.22798
St. Mary's County
76.07952 76.05266 76.05266
Talbot County
72.37269 72.12251 72.12251
Washington County
69.06943 68.44967 68.44967
Wicomico County
61.06549 60.81353 60.81353
Worcester County
77.12503 77.11389 77.11389
   

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