|Measure||Baseline (2015)||Current||Target (2025)||Trend||Michigan||Chart|
Rationale: 64% is the national average for Homeownership Rate. As Battle Creek works to attract and retain millennials, and create a dynamic and progressive workforce, the target should reflect the national trend for housing this workforce. Source: https://www.census.gov/quickfacts/fact/table/battlecreekcitymichigan,mi,calhouncountymichigan,US/AGE295217
|American Indian or Alaskan Native||62%||55%||60%|
|Some other race||48%||63%||53%|
|Two or more races||31%||30%||53%|
About this measure
The homeownership rate is the percentage of homes that are owned by their occupants, versus rented or leased.
Research has shown children of homeowners are less likely to drop out of school. In addition, areas with higher homeownership rates have lower crime rates.
Resources for this measure
Here are a variety of resources to help community members learn more about how they can achieve the American Dream by owning their home:
About the data
|Definition:||The share of homes that are owner-occupied.|
|Numerator:||Number of owner-occupied housing units.|
|Denominator:||Total occupied housing units.|
|Rationale:||64% is the national average for Homeownership Rate. As Battle Creek works to attract and retain millennials, and create a dynamic and progressive workforce, the target should reflect the national trend for housing this workforce.|
|Source:||U.S. Census Bureau, American Community Survey, 1-year and 5-year samples.|