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Occupancy Rate
Physical occupancy rate is occupied units divided by the defined total unit inventory, expressed as a percentage.
Occupancy rate measures occupied units as a share of a defined housing inventory. For a physical unit measure, divide occupied units by the total units included in that inventory and express the result as a percentage.
State the measurement date and which units the inventory includes. Census definitions distinguish occupied housing, units vacant for rent, and other vacant categories, so different inventory definitions can produce different rates.
Source: U.S. Census Bureau: Housing Vacancies and Homeownership definitions.
Frequently Asked Questions
Is a housing occupancy measure the same as rent collected?
No. Occupied-unit counts describe housing status. They do not establish how much rent has been billed or collected.
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