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Homeownership Rate

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
Value: 64.76

County

64.76

State

66.8

National

HP 2020

0
  • 47.1
  • 65.1
  • 83.792

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Historical Data

  • Measurement Period Value
    2011-2015 64.7585
    2010-2014 64.627
    2011-2013 67.77
    2009-2013 68.0722
    2010-2012 68.9256
    2008-2012 68.4483
    2010 64.0533
    2008-2010 68.7074
    2006-2010 67.0109
    2007-2009 67.2736
    2005-2009 67.0183
    2006-2008 66.6914
    2005-2007 68.477
    2000 69.6089

Peer Counties

  • Peers included in this indicator: Somerset, MD; Northampton, NC; Perquimans, NC; Warren, NC; Meigs, OH; Hardin, TN; Johnson, TN; Aransas, TX; Camp, TX;

  • 64.76
    • 64.8
    • 71.8
    • 78.5
  • 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

    Adair, KY; Clinton, KY; Hart, KY; Mason, KY; Russell, KY; Somerset, MD; Northampton, NC; Perquimans, NC; Warren, NC; Meigs, OH; Hardin, TN; Johnson, TN; Aransas, TX; Camp, TX; Lee, VA; Northampton, VA; Nottoway, VA; Prince Edward, VA; Barbour, WV; Lewis, WV; Taylor, WV; Upshur, WV; Wetzel, WV;

Source

 
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