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Saturday, November 23, 2024

Kansas ranked third in nation with rental vacancy rate of 12.1% in 2020

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Kansas ranked third in the nation throughout 2020 with a rental vacancy rate of 12.1 percent, according to the U.S. Census Bureau.

The rental vacancy rate is the proportion of the homeowner inventory that is vacant for rent at the time of the survey.

Vacancy rates are a leading economic indicator used by economic forecasters and the federal government to gauge the current economic climate.

The bureau compiles data from a sampling of approximately 72,000 occupied and vacant housing units across the country and District of Columbia. The bureau also collects information on homeownership vacancies, as well as certain characteristics about housing units, such as the age of household members, family status, race/ethnicity and median family income.

Rental Vacancy Rates by State in 2020

RankStateRental Vacancy Rate
1North Dakota13.6%
1Alabama13.6%
3Kansas12.1%
4South Carolina9.7%
5Wyoming9.4%
6Indiana9.3%
7South Dakota9%
8Iowa8.9%
9Texas8.6%
9Mississippi8.6%
11Oklahoma8.4%
11Arkansas8.4%
13District of Columbia8.2%
14Tennessee8%
14Louisiana8%
16Illinois7.9%
17Pennsylvania7.5%
17Hawaii7.5%
19Florida7.3%
20Georgia7.1%
21Alaska7%
22Missouri6.7%
23West Virginia6.5%
23Virginia6.5%
23New Mexico6.5%
23Nebraska6.5%
27Michigan6.4%
28Ohio6.1%
28Kentucky6.1%
28Delaware6.1%
31North Carolina5.8%
32Maryland5.6%
32Connecticut5.6%
34New York5.5%
34Arizona5.5%
36Utah5.3%
37Nevada5.2%
38Oregon4.7%
39Minnesota4.6%
39Massachusetts4.6%
41Montana4.4%
41Idaho4.4%
43Wisconsin4.3%
44Colorado4%
44California4%
46Washington3.8%
47Maine3.5%
48Vermont3.3%
49New Jersey2.9%
50Rhode Island2.6%
51New Hampshire2.4%

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