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General Plan Update - City of Inglewood

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Chapter 2 Community Development<br />

Table 2.2-2 <strong>Inglewood</strong> Housing Estimates, 2005<br />

Housing Unit Type Number <strong>of</strong> Units Percent <strong>of</strong> Total<br />

Single-Family Detached 13,958 36.2%<br />

Single-Family Attached 3,228 8.4%<br />

Duplex to Fourplex 4,720 12.2%<br />

Multi-Family 16,420 42.6%<br />

Mobile Home 238 >1.0%<br />

<strong>City</strong> Total 38,564 100.0%<br />

SOURCE: 2005 California Department <strong>of</strong> Finance.<br />

Housing Tenure and Vacancy<br />

In 2000, 36 percent <strong>of</strong> <strong>Inglewood</strong> residents were owners, while 64 percent were renters,<br />

as indicated in Table 2.2-3. Reflecting the minor changes in the composition <strong>of</strong> the<br />

housing stock, the tenure composition within <strong>Inglewood</strong> has remained relatively constant.<br />

In 1990, 36.3 percent <strong>of</strong> households were homeowners, while 63.7 percent were renters.<br />

The percentage <strong>of</strong> owner-households in <strong>Inglewood</strong> was lower in 2000 than the Los<br />

Angeles County average <strong>of</strong> approximately 48 percent.<br />

Table 2.2-3 Housing Tenure, 1990–2000<br />

1990 2000<br />

Tenure Number % Number %<br />

Total Occupied 36,102 93.3% 36,817 95.3%<br />

Owner Occupied 13,110 36.3% 13,396 36.0%<br />

Renter Occupied 22,992 63.7% 23,421 64.0%<br />

Owner Vacancy Rate 1.5% 1.5%<br />

Renter Vacancy Rate 7.1% 3.5%<br />

SOURCES: U.S. Census 1990, 2000<br />

The vacancy rate measures the overall housing availability in a community and is <strong>of</strong>ten a<br />

good indicator <strong>of</strong> how for-sale and rental housing units are meeting the current demand<br />

for housing. Vacancy rates <strong>of</strong> five percent for rental housing and two percent for<br />

ownership housing are generally considered healthy. A higher vacancy rate may indicate<br />

an excess supply <strong>of</strong> units, while a low vacancy rate may indicate that households are<br />

having difficulty in finding housing. Low vacancy rates tend to drive up the prices,<br />

leading to other problems such as housing cost burden and/or overcrowding.<br />

The 2000 Census indicates a homeowner vacancy rate <strong>of</strong> 1.5 percent and rental vacancy<br />

rate <strong>of</strong> 3.5 percent, a decline in vacant rental units since 1990, which was 7.2 percent. This<br />

declining vacancy rate is indicative <strong>of</strong> the competitive housing market in Southern<br />

California. 1<br />

1 <strong>City</strong> <strong>of</strong> <strong>Inglewood</strong>, 2000. Housing Element, <strong>Inglewood</strong> <strong>General</strong> <strong>Plan</strong><br />

2.2-2<br />

<strong>City</strong> <strong>of</strong> <strong>Inglewood</strong> <strong>General</strong> <strong>Plan</strong> <strong>Update</strong> Technical Background Report

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