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Indicator Gauge Icon Legend

Legend Colors

Red is bad, green is good, blue is not statistically different/neutral.

Compared to Distribution

an indicator guage with the arrow in the green the value is in the best half of communities.

an indicator guage with the arrow in the yellow the value is in the 2nd worst quarter of communities.

an indicator guage with the arrow in the red the value is in the worst quarter of communities.

Compared to Target

green circle with white tick inside it meets target; red circle with white cross inside it does not meet target.

Compared to a Single Value

green diamond with downward arrow inside it lower than the comparison value; red diamond with downward arrow inside it higher than the comparison value; blue diamond with downward arrow inside it not statistically different from comparison value.

Trend

green square outline with upward trending arrow inside it green square outline with downward trending arrow inside it non-significant change over time; green square with upward trending arrow inside it green square with downward trending arrow inside it significant change over time; blue square with equals sign no change over time.

Compared to Prior Value

green triangle with upward trending arrow inside it higher than the previous measurement period; green triangle with downward trending arrow inside it lower than the previous measurement period; blue equals sign no statistically different change  from previous measurement period.

green chart bars Significantly better than the overall value

red chart bars Significantly worse than the overall value

light blue chart bars No significant difference with the overall value

gray chart bars No data on significance available

More information about the gauges and icons

Homeowner Vacancy Rate

Region: Rio Grande Valley
Measurement Period: 2018-2022
This indicator shows the percentage of vacant home property.
 
Numerator = Total estimate of housing units for sale only
Denominator = Total estimate of housing units for sale, sold but not occupied, and owner-occupied

Why is this important?

The homeowner vacancy rate is the proportion of property that is vacant "for sale." It is computed by dividing the number of vacant units "for sale only" by the sum of the owner-occupied units, vacant units that are "for sale only," and vacant units that have been sold but not yet occupied. Vacancy status is often used as a basic indicator of the housing market. It is used to identify turnover and assess the demand for housing. It provides information on the stability and quality of housing for a particular geographic region.
More...
Cameron, Hidalgo, Starr, & Willacy counties.
1.3%
Source: American Community Survey 5-Year
Measurement period: 2018-2022
Maintained by: Conduent Healthy Communities Institute
Last update: June 2024
Compared to See the Legend
Technical note: The U.S. Census Bureau calculates 90% confidence intervals for American Community Survey estimates. Use caution when interpreting values with wide confidence intervals. Confidence intervals that are farther away from estimates in either direction indicate uncertainty due to small survey sample sizes. The U.S. Census Bureau does not recommend comparing overlapping 5-year periods since much of the data in each estimate are the same. Use caution when comparing estimates for census tracts over time as these geographies are redefined with each decennial census according to population changes.
More details:
Data for this indicator can be found in tables B25004 (numerator) and S2503 (denominator) on data.census.gov.
 
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Indicator Values
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Data Source

Filed under: Economy / Housing & Homes, Physical Determinants of Health, Social Determinants of Health