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Consumer Unit Characteristics: Number of People in CU by Housing Tenure: Homeowner with Mortgage (CXU980010LB1703M)

Observation:

2019: 2.9  
Updated: Jan 15, 2021

Units:

Number,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Consumer Expenditure Surveys  

Units:  Number, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Housing tenure refers to the family's principal place of residence during the survey. "Owner" includes families living in their own homes, cooperatives or condominium apartments, or townhouses. "Renter" includes families paying rent, as well as families living rent-free in lieu of wages.

A consumer unit comprises either: (1) all members of a particular household who are related by blood, marriage, adoption, or other legal arrangements; (2) a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent; or (3) two or more persons living together who use their income to make joint expenditure decisions. Financial independence is determined by the three major expense categories: Housing, food, and other living expenses. To be considered financially independent, at least two of the three major expense categories have to be provided entirely, or in part, by the respondent.

For more details about the data or the survey, visit the FAQs.

Suggested Citation:

U.S. Bureau of Labor Statistics, Consumer Unit Characteristics: Number of People in CU by Housing Tenure: Homeowner with Mortgage [CXU980010LB1703M], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CXU980010LB1703M, May 8, 2021.

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