Estimated Rate of Homeownership vs. Rental
What does this measure?
This indicator measures the estimated rates of homeownership versus rental housing in Hudson Valley counties. The document provides data on the total number of occupied housing units and the corresponding percentage of owner-occupied and renter-occupied units for several years, including 2005, 2010, 2012, and 2023.
Summary Statement
In summary, the data indicates that for most counties, the rate of homeownership has decreased over the years, while the rate of rental occupancy has increased. Despite this shift, the total number of occupied housing units has steadily risen for all listed counties and New York State from 2005 to 2023. The lowest total of occupied housing units in NYS was 7,114,431 in 2005, which then rose to a peak of 7,809,267 in 2023.
Sources
U.S. Census, 2005 American Community Survey
U.S. Census 2010
U.S. Census American FactFinder
http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_12_1YR_DP04&prodType=table