Housing Occupancy
Photo Credit: Chappy Achen
Renting and Owning
Summary: Approximately 30% of us rent the places where we live, and 70% of us own them.
Details: This graph identifies the tenure types of occupied housing units.
Source: US Census - American Community Survey, 5-Year Estimates (2008-2012, 2013-2017, 2018-2022)
Home Ownership Rate by Race
Summary: Red Wing’s racial gap in homeownership is narrowing and at a rate faster than that of Minnesota overall. This is a positive trend for our city, but the work needs to continue until the gap is gone. Generations of implicit and explicit discrimination policies and practices across the nation, among other factors, have contributed to creating the gap.
Details: This graph identifies owner-occupied housing units by race of householder.
Source: US Census - American Community Survey, 5-Year Estimates (2013-2017, 2018-2022)
Housing Ownership Rate by Education
Summary: Home ownership is correlated with educational attainment. Eighty-two percent of us with a bachelor’s degree or higher are homeowners, compared to 52% of us with less than a high school diploma who are homeowners.
Details: This graph shows the highest level of educational attainment of householder for owner-occupied housing units.
Source: US Census - American Community Survey, 5-Year Estimates (2018-2022)