site site.xsl site
section indicator.xsl indicator
Indicator Category:
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page indicator.xsl economy_homeownership_view1
The homeownership rate is seen as an indicator of the financial stability of a community. Owning property is seen as essential step towards self-sufficiency.
According to the US Census, the homeownership rate is defined as the number of owner-occupied housing units divided by the number of occupied housing units: #Owner-occupied housing units / #Occupied housing units.
Unfortunately, the Erie County homeownership rate ranks towards the bottom (66.7%) when compared to the 13 benchmark regions. Cedar Rapids had the highest rate (73.6%) and only Boulder, CO (62.3%), Laredo, TX (59.8%) and Gainesville, FL (57.4%) are below.
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Data are based on a sample and are subject to sampling variability.design, advertising, marketing and creative services in Erie, Pennsylvania content managment, website design, e-commerce and web development services in Erie, Pennsylvania