The Community Health Improvement Process for Montgomery County, Maryland
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2.1
3.0
Red > 3.0
Green <= 2.1
In-between = Yellow
Unit: percent
View the Legend

Homeowner Vacancy Rate

Value: 0.0 percent
Measurement
Period:
2007-2011
Location: Census Tract : 24031701410
[ View Every Census Tract ]
Comparison: U.S. Counties
Categories: Economy / Homeownership
What is this Indicator?
This indicator shows the percentage of vacant home property.
Why this is important: 
The homeowner vacancy rate is the proportion of property that is vacant "for sale." It is computed by dividing the number of vacant units "for sale only" by the sum of the owner-occupied units, vacant units that are "for sale only," and vacant units that have been sold but not yet occupied. Vacancy status is often used as a basic indicator of the housing market. It is used to identify turnover and assess the demand for housing. It provides information on the stability and quality of housing for a particular geographic region.
Technical Note:  The distribution is based on data from 3,142 U.S. counties and county equivalents.
Source: American Community Survey
URL of Source:   http://www.census.gov/acs/www/
URL of Data:   http://factfinder2.census.gov/
Local Comments:

Maintained By: Healthy Communities Institute

Time Series Data

2005-2009: 1.6 2006-2010: 1.3 2007-2011: 0.0

percent

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How are these indicators calculated? Return to Community Dashboard Home
Going down
Unit: percent
View the Legend

Homeowner Vacancy Rate

Value: 0.0 percent
Measurement
Period:
2007-2011
Location: Census Tract : 24031701410
[ View Every Census Tract ]
Comparison: Prior Value
Categories: Economy / Homeownership
What is this Indicator?
This indicator shows the percentage of vacant home property.
Why this is important: 
The homeowner vacancy rate is the proportion of property that is vacant "for sale." It is computed by dividing the number of vacant units "for sale only" by the sum of the owner-occupied units, vacant units that are "for sale only," and vacant units that have been sold but not yet occupied. Vacancy status is often used as a basic indicator of the housing market. It is used to identify turnover and assess the demand for housing. It provides information on the stability and quality of housing for a particular geographic region.
Technical Note:  The trend is a comparison between the most recent and previous measurement periods. Confidence intervals were not taken into account in determining the direction of the trend.
Source: American Community Survey
URL of Source:   http://www.census.gov/acs/www/
URL of Data:   http://factfinder2.census.gov/
Local Comments:

Maintained By: Healthy Communities Institute

Time Series Data

2005-2009: 1.6 2006-2010: 1.3 2007-2011: 0.0

percent

Zoom to:
View by:
Create Indicator Comparison Report
How are these indicators calculated? Return to Community Dashboard Home