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Cincinnati's Low Home-Ownership Rate

Posted by: Abhijeet Chavan
Thanks to: Abhijeet Chavan
18 May 2001 - 5:00am

Cincinnati's owner-occupancy rate is less than 40 percent and is well below the national average.

"Fewer than 40 percent of Cincinnati's housing units are owner-occupied, well below the national average of 66.2 percent or the state average of 69.1 percent. Among Ohio's largest cities, Cleveland and Columbus had owner-occupancy rates nearing 50 percent... Low home-ownership rates often mean that residents have little stake in the community and feel left out of local economic benefits..."

Full Story: Home ownership lags state, nation
Source: The Cincinnati Post, May 17, 2001
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