- The Third Ward has the highest percentage of vacant homes at 11.6%, most likely explained by unoccupied new construction homes.
- The Sixth Ward has the 2nd lowest home ownership rate at just over 27%, due to the high student population with the new student housing apartment complexes. It also has the highest number of homes owned without a mortgage--explained by longevity of residents staying in their home, and also possibly due to investor-owned properties that were purchased with cash and are now being rented to students.
- The Fourth Ward has the highest homeownership rate and also has the oldest population--these two seem to correlate directly with each other.
Some very interesting discoveries were made, I would highly recommend reading the article!
JK
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