Home Affordability in the USC Area
In 2006, when USC began planning its new mixed-use “Village” development, the UNIDAD Coalition ––a group of community-based organizations in South Central–– arose to ensure
Variable Definitions:
Housing Stability: The percentage of households living in the same housing unit as they were one year ago
Source:
American Community Survey (ACS), 5-year estimates, Table B07012
Years Available:
2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022
*Note: Each year of available data shown above is a 5-year estimate, or an average of data collected over a five year period. 5-year estimates are used to increase the reliability of the data at small geographies like neighborhoods and census tracts. The years shown on the NDSC map represent the final year of the five year average (e.g. “2010” represents 2006-2010 data, “2011” represents 2007-2011 data, and so on). For the most impactful comparison of data over time, the ACS recommends comparing non-overlapping years (e.g. 2010-14 with 2015-19).
Housing Stability
Housing stability, defined as living in the same housing unit for more than one year, has important impacts on both families and neighborhoods. Frequent moving has been shown to have a negative impact on the educational achievement of children in a household. On a neighborhood level, higher rates of housing stability can lead to more community cohesion and increased participation in community organizations.
Citation:
Woo, Ayoung, Kenneth Joh, and Shannon Van Zandt. “Impacts of the low-income housing tax credit program on neighborhood housing turnover.” Urban Affairs Review, vol. 52, no. 2, 2016, pp. 247-279. Link.
Aaronson, Daniel. “A note on the benefits of homeownership.” Journal of Urban Economics, vol. 47, no. 3, 2000, pp. 356-369. Link.
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