Table 6. Homeownership Rates by Area: Second Quarter 2004 and 2005
Second Second 90-Percent
Area quarter quarter Confidence Interval(±)<sup>a</sup>
2004 2005 of 2005 rate of difference
United States..................... 69.2 68.6 0.5 0.4
Inside Core-Based
Statistical Areas............ NA 67.1 1.3 NA
In central cities............. NA 54.3 1.0 NA
Not in central citie
(suburbs)..................... NA 75.8 1.3 NA
Outside Core-Based
Statistical Areas............. NA 76.2 2.6 NA
Northeast........................ 65.4 64.7 0.9 0.8
Midwest.......................... 74.2 73.4 1.0 0.7
South............................ 70.9 70.4 0.9 0.6
West............................. 64.5 63.8 1.2 0.8
<sup>a</sup>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.
NA Not Available. Core-Based 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. The December 2003 definitions are available at
http://www.census.gov./population/www/estimates/metrodef.html.