A. Sampling Errors of Vacancy Rates (CPS Data): Annual Averages 1974 B. Sampling Errors of Vacancy Rates for Units with Selected Characteristics: Annual Averages 1974 C. Sampling Errors of Estimated Percentages for Characteristics of Vacant Rental and Homeowner Housing Units (CPS Data): Annual Averages 1974 . . . . D. Sampling Errors of Estimated Percentages of Occupied Housing Units (QHS Data): Annual Averages 1974 FIGURES Page 1 1 1 1 -12 2 5 8 1. Vacancy Trends in Rental and Homeowner Housing: 1960 to 1974. 2. Rental Vacancy Rates, for Inside and Outside SMSA's and for Regions: 1960 to 1974 cover 3. Homeowner Vacancy Rates, for Inside and Outside SMSA's and for Regions: 1960 to 1974 3 4 1. Vacancy Rates for Total Units, by Area: 1960, and 1962 to 1974 . . 2. Vacant Rental and Homeowner Units with All Plumbing Facilities as Percent of all Rental and Homeowner Units: 1974, and 1973 . . . . 3. Vacancy Rates for Rental and Homeowner Units with Selected Characteristics: 1974, 1973 and 1972 4. Vacancy Rates by Type of Vacancy by Area: 1960 and 1966 to 1974 5. Occupancy and Vacancy Rates: 1960 and 1966 to 1974 6. Owner-Occupancy Rates by Area: 1960 and 1966 to 1974 7. Vacant Rental Units by Selected Characteristics, Inside and Outside SMSA's: 1960 and 1966 to 1974 10. Vacant Rental Units-Year Structure Built by Selected Characteristics, Inside and Outside SMSA's: 1974 11. Vacant Rental Units–Duration of Vacancy at Time of Enumeration by Selected Characteristics, Inside and Outside SMSA's: 1974 and 1973 12. Vacant Rental Units--Number of Units in Structure by Selected Characteristics, Inside and Outside SMSA's: 13. Vacant Rental Units -Plumbing Facilities by Selected Characteristics: 1974 and 1973 15. Vacant Homeowner Units Year Structure Built by Selected Characteristics, Inside and Outside SMSA's: 1974 Page 12 12 13 14 16 16 17 20 23 24 26 29 31 32 33 16. Vacant Homeowner Units–Duration of Vacancy at Time of Enumeration by Selected Characteristics, Inside and Outside SMSA's: 1974 and 1973 . . . . 35 17. Vacant Homeowner. Units-Plumbing Facilities by Selected Characteristics: 1974 and 1973 18. Vacant Homeowner Units-Number of Rooms by Selected Characteristics: 1974 and 1973 19. Occupied Units-Selected Characteristics of Owner and Renter-Occupied Units: 1974, 1973 and 1972 20. Occupied Units-Monthly Rent and Value: 1974, 1973 and 1972 . 38 39 40 40 21. Renter-Occupied Units -Monthly Rent by Selected Characteristics: 1974 and 1973 . . 22. Renter-Occupied Units-Year Structure Built by Selected Characteristics: 1974 and 1973 41 42 23. Renter-Occupied Units-Number of Units in Structure by Selected Characteristics: 1974 and 1973 43 44 45 46 47 48 49 Vacancy Rates and Characteristics of Housing in the United States: Annual Statistics 1974 INTRODUCTION This report provides annual statistics on occupied and vacant rental and homeowner housing for the year 1974 and for selected years covering the period 1960 to 1973. In this report, annual statistics are presented on vacancy rates in the total housing inventory, the total rental inventory, the total homeowner inventory, and for subclasses of rental and homeowner units that have common characteristics. Percent distributions on housing characteristics are shown separately for occupied and vacant rental and homeowner units. Cross-tabulations of data are shown for most of the characteristics. The statistics are based on data collected in two different sample surveys conducted by the Bureau of the Census, Social and Economic Statistics Administration of the U.S. Department of Commerce. Estimates of vacant housing units are based on data obtained in the monthly population sample survey. Estimates of occupied housing units are based on data obtained in the quarterly household sample survey. A more complete description of the surveys is found in the section "Source and Reliability of the Estimates." Related Reports.-Statistics on vacant units and limited information on occupied housing are available for each year prior to 1973 in Series H-111 summary reports, Nos: 43, 51, 55, 59, 63, 71-5, 72-5, and 73-5. SUMMARY OF FINDINGS Vacancy Rates in Rental and Homeowner Housing In 1974 national vacancy rates were 6.2 percent in rental housing and 1.2 percent in homeowner housing. There is an upward trend in rental vacancy rates beginning 1970. The homeowner vacancy rate is higher than it's been since 1967 when the rate was 1.3 percent. In 1974, the vacancy rates in both rental and homeowner housing inside standard metropolitan statistical areas (SMSA's) were not statistically different from the rates outside SMSA's. Inside central cities of metropolitan areas the rental vacancy rate was 6.8 percent. Outside the central cities the rate was lower, 5.2 percent. The homeowner vacancy rate outside central cities was also lower, 1.2 percent, than the rate inside central cities, 1.3 percent. Regionally, the Northeast had the lowest rental vacancy rate and the South had the highest. In the Northeast, the rental vacancy rates follow the national trend, evidencing an upward movement beginning 1970. In the South there is no statistical evidence of a change in the rental vacancy rate from 1970 to 1972, but there is an upward movement from 1972 to 1974. Although the rental vacancy rate in the West moved upward from 1970 to 1973, the 1974 rate is not statistically different from the rate in 1973. In the North Central region there is no statistical evidence of a change in the rental vacancy rates from 1970 to 1974. The Northeast had the lowest homeowner vacancy rate, and the South and the West had the highest. In the Northeast, the homeowner vacancy rate dropped between 1970 and 1972, but showed an upward movement from 1972 to 1974. The rate in the North Central region was about the same level in 1974 as in 1970. In the South, the homeowner vacancy rate, which remained stable from 1970 to 1973, was higher in 1974. The homeowner vacancy rate in the West shows an upward trend since 1970. Rental vacancy rates above the overall vacancy rate were reported for units built in 1965 or later and among those renting for $120 or more a month. The rate was also relatively high in multiunit structures containing two units or more. In addition, there were high vacancy rates in units lacking plumbing facilities, and in units with three rooms or less. Among homeowner units, vacancy rates higher than the overall vacancy rate existed in the newer housing (built in 1965 or later). Rates were relatively high in units with four rooms or less, in units in multiunit structures, and in units lacking plumbing facilities; these units, however, represent only a small proportion of the homeowner inventory. Characteristics of Homeowner Housing About 64.6 percent of the households in the Nation owned the home in which they lived. Homeowner units continued to consist of predominately one-family dwellings. About 7 percent of the housing occupied by owners and about 25 percent of the vacant units for sale were in multiunit structures. 1 |