Data on Housing Vacancy and
Housing Cost from the Census
Bureau
Dr. Arthur R Cresce
Assistant Division Chief for Housing
Characteristics
Housing and Household Economic
Statistics Division
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Sources of Data on Housing Vacancy
and Housing Costs
• Current Population Survey/Housing Vacancy Survey (CPS/HVS)
– Official source of housing vacancy data and homeownership
data
– No housing cost data
– National, regional and large metro level
– Available quarterly (with annual average report)
• American Community Survey (ACS)
– Occupancy status (occupied/vacant)
– Homeownership data
– Housing cost data
– Geographic coverage: down to tract level (5-year)
– Available annually
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Sources of Data on Housing Vacancy
and Housing Costs (Cont.)
• American Housing Survey (AHS)
– Most detailed source of housing data, especially housing
costs and homeownership data
– Vacancy rates controlled to CPS/HVS rates
– National and regional level
– Available every two years
• 2010 Census
– Occupancy status (occupied/vacant)
– Homeownership data
– No housing cost data
– Geographic coverage: down to block level
– Available every 10 years
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Sources of Data on Housing Vacancy
and Housing Costs (Cont.)
• Survey of Income and Program Participation
– Homeownership data
– Housing cost data (mainly data on mortgages)
– Geographic coverage: national level
– Not primarily a housing survey, but very interesting source to
trace change in housing tenure and mortgage status
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Important Housing Measures
Reflecting Economic Conditions
•
•
•
•
Vacancy rates (homeowner and rental)
Homeownership rates
Value of property
Selected monthly owner costs*
– Median selected monthly owner costs
– Percent selected monthly owner costs of monthly
household income (housing burden)
* Sum of payment for mortgages, real estate taxes, various
insurances, utilities, fuels, mobile home costs, and
condominium fees.
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Annual Rental and Homeowner Vacancy Rates for the United States:
1968–2008
Percent
1968
Recessio
n
1971
1974
1977
1980
1983
1986
1989
1992
1995
1998
2001
2004 points
2007are placed at the beginning of the respective time periods.
Note:
The data
Source for Recession Data: National Bureau of Economic Research, Inc., 1050
Massachusetts Ave., Cambridge, MA.
Source for Rental and Homeowner Vacancy Rates: Current Population Survey/Housing
Vacancy Survey, U.S. Census Bureau, Washington, DC 20233.
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Quarterly Homeownership Rates and Seasonally Adjusted
Homeownership Rates for the United States: 1997–2008
Homeownership Rate
Seasonally Adjusted Homeownership Rate
Percent
Recession
1Q1997 1Q1998 1Q1999 1Q2000 1Q2001 1Q2002 1Q2003 1Q2004 1Q2005 1Q2006 1Q2007 1Q2008
Source for Recession data: National Bureau of Economic Research, Inc., 1050 Massachusetts Ave.,
Cambridge, MA.
Source for Homeownership Rates: Current Population Survey/Housing Vacancy Survey, U.S. Census
Bureau, Washington, DC 20233.
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Change in Median House value,
2006-2007, ACS data
Percent Change from 2006 to 2007
under 0.00
0.00 to 4.00
4.01 to 8.00
8.01 or more
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Median Monthly Owner Costs for
Selected States: 2006 and 2007 ACS
(Medians in 2007 dollars)
State
2007 ACS
2006 ACS
Arizona
1464*
1396*
California
2314*
2203*
Florida
1577*
1462*
Nevada
1779*
1664*
* Differences are statistically significant.
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Median Monthly Owner Costs for
Selected States: 2007 and 2008 ACS
(Medians in 2008 dollars)
State
2008 ACS
2007 ACS
Arizona
1527
1512
California
2384
2395
Florida
1603*
1638*
Nevada
1818
1852
* Difference is statistically significant.
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For More Information:
• American Community Survey –
http://www.census.gov/acs/www/
• Housing Data –
http://www.census.gov/hhes/www/housing.html
• My contact information:
email: arthur.r.cresce.jr@census.gov
phone: 301-763-3188
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