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50.9
44.3
Red < 44.3
Green >= 50.9
In-between = Yellow
Unit: percent
View the Legend

Homeownership Rate

Value: 53.1 percent
Measurement
Period:
2000
Location: County : Sonoma
Categories: Economy / Homeownership
What is this Indicator?
This indicator shows the homeownership rate in the county compared to all U.S. counties.

Why this is important: Homeownership has many benefits for both individuals and communities. Homeowners are more likely to improve their homes and to be involved in civic affairs, both of which benefit the individual and the community as a whole. In addition, homeownership builds wealth and provides tax benefits.

Technical note: The homeownership rate is computed by dividing the number of owner-occupied housing units by the number of occupied housing units or households. The distribution is based on Census data from 3,219 U.S. counties.
Source: U.S. Census
URL of Source:   http://www.census.gov
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How are these indicators calculated? Return to Community Snapshot Home