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Homeownership Rate (5-year estimate) for Hernando County, FL (HOWNRATEACS012053)

Observation:

2023: 82.40329 (+ more)  Updated: Dec 12, 2024 9:21 AM CST
2023:  82.40329  
2022:  80.55270  
2021:  78.94767  
2020:  78.64396  
2019:  76.60172  

Units:

Rate,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
to
Date:
  EDIT BAR 1
(a) Homeownership Rate (5-year estimate) for Hernando County, FL, Rate, Not Seasonally Adjusted (HOWNRATEACS012053)
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.

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      EDIT BAR 2
    (a) Homeownership Rate (5-year estimate) for Hernando County, FL, Rate, Not Seasonally Adjusted (HOWNRATEACS012053)
    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.

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD

    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Select...

      Now create a custom formula to combine or transform the series.
      Need help? []

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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       BAR 1: Homeownership Rate (5-year estimate) for Hernando County, FL Vintage: 2023-12-07
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       BAR 2: Homeownership Rate (5-year estimate) for Hernando County, FL Vintage: 2024-12-12
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      NOTES

      Title Release Dates

      2017-01-04 2024-12-12
       
      Source    

      2017-01-04 2024-12-12
       
      Release    

      2017-01-04 2024-12-12
       
      Units    

      2017-01-04 2024-12-12
       
      Frequency    

      2017-01-04 2024-12-12
       
      Seasonal Adjustment    

      2017-01-04 2024-12-12
       
      Notes    

      2017-01-04 2024-12-12

      RELEASE TABLES