Table 6. Homeownership Rates by Area: First Quarter 2007 and 2008
(in percent)
First First 90-Percent
Area quarter quarter Confidence Interval (±)a
2007 2008 of 2008 rate of difference
United States..................... 68.4 67.8 0.5 0.4
Inside Metropolitan
Statistical Areas............ 67.0 66.3 1.3 0.5
In principal cities........... 54.1 53.0 1.0 0.5
Not in principal cities
(suburbs)..................... 75.7 75.2 1.2 0.5
Outside Metropolitan
Statistical Areas............. 75.1 75.6 2.6 0.7
Northeast........................ 64.8 64.7 0.9 0.8
Midwest.......................... 72.2 72.0 1.0 0.7
South............................ 70.6 69.7 0.9 0.6
West............................. 63.6 62.8 1.2 0.8
aA 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 definitions that 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:
<a href="http://www.census.gov/population/www/estimates/metrodef.html">http//www.census.gov/population/www/estimates/metrodef.html</a> and
<a href="http://www.census.gov/population/www/estimates/aboutmetro.html">http:/www/census.gov/population/estimates/about metro.html</a>.