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Shows the proportion of occupied households that are owner occupied. The homeownership rate is computed by dividing the number of owner-occupied housing units by the number of occupied housing units or households. A housing unit is a house, an apartment, a mobile home, a group of rooms, or a single room that is occupied (or if vacant, is intended for occupancy) as separate living quarters. Separate living quarters are those in which the occupants live and eat separately from any other persons in the building and which have direct access from the outside of the building or through a common hall. 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.
Measurement Period: 2011-2015
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Peers included in this indicator:
- Peer counties are those counties similar in population composition and selected demographics.
Of the peer counties, only the ones that have data for the same indicator/time frame have been included.
This county has 22 peer counties
Peer counties (counties and county-like geographic areas) in stratum number 73
were stratified on the basis of the following factors: Frontier Status, Population Size, Poverty, Age, Population Density
All Peer Counties for Somerset
Prince Edward, VA;