U.S. Census Bureau
 Housing Vacancies and Homeownership (CPS/HVS)




Second Quarter 2008

Table 2. Rental and Homeowner Vacancy Rates, by Area: Second Quarter 2007 and 2008

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Area Rental vacancy rates Homeowner vacancy rates
Second quarter 2007 Second quarter 2008 90-Percent Confidence Interval (±)(a) Second quarter 2007 Second quarter 2008 90-Percent Confidence Interval (±)(a)
of 2008 rate of difference of 2008 rate of difference
United States 9.5 10.0 0.4 0.5 2.6 2.8 0.1 0.2
Inside Metropolitan Statistical Areas 9.6 9.9 0.5 0.5 2.7 2.9 0.2 0.2
In principal cities 10.0 10.4 0.6 0.6 3.4 3.5 0.4 0.4
Not in principal cities (suburbs) 9.2 9.3 0.7 0.7 2.4 2.6 0.2 0.2
Outside Metropolitan Statistical Areas 8.4 10.6 1.5 1.5 2.2 2.2 0.3 0.4
Northeast 7.4 7.4 0.7 0.8 1.9 1.9 0.3 0.4
Midwest 11.1 10.6 0.8 1.0 2.6 2.7 0.3 0.3
South 11.5 13.2 0.9 1.0 3.1 3.2 0.2 0.3
West 6.7 6.9 0.7 0.9 2.3 2.8 0.3 0.4
Footnotes:
In percent.
(a) A 90-percent confidence interval is a measure of an estimate's reliability. The larger the confidence interval is, in relation to the size of the estimate, the less reliable the estimate.

Note: Metropolitan Statistical Area data for 2005 and later are not comparable to earlier data. Beginning in first quarter 2005, the Current Population Survey/Housing Vacancy Survey is using the new metropolitan and micropolitan statistical definitions which were announced by the Office of Management and Budget (OMB) in June 2003, and were based on the application of the 2000 standards to Census 2000 data. OMB announced updates as of December 2003, based on application of the 2000 standards to more recent Census Bureau estimates. In this report, outside Metropolitan Statistical Areas includes micropolitan and non-metropolitan statistical areas. The December 2003 definitions are available at: http://www.census.gov/population/www/estimates/metrodef.html and http://www.census.gov/population/www/estimates/aboutmetro.html.

Go to Housing Vacancies and Homeownership: Second Quarter 2008

Contact Bob Callis or Linda Cavanaugh at (301)763-3199 or visit ask.census.gov for further information on the Housing Vacancy Survey.

Source: U.S. Census Bureau, Housing and Household Economic Statistics Division