Housing Unit
Definition of 'Housing Unit'One of a house, apartment, mobile home, group of rooms or single room, which are occupied or intended as separate living quarters. The separate living quarters that define a housing unit are those where the occupants live and eat separately from other residents in the structure or building, and have direct access from the building's exterior or through a common hallway. |
|
Investopedia explains 'Housing Unit'The U.S. Bureau of the Census may consider your residence to have multiple housing units if more than one family occupies it. For example, if you occupy the main floor of a dwelling and your sister and her children occupy the basement, the Census would consider your house to constitute two housing units. According to the 2010 U.S. Census, there were 131.7 million housing units in the nation, of which 25.9% were in multi-unit structures. |
Related Definitions
Articles Of Interest
-
Avoid Capital Gains Tax On Your Home Sale
If you have property to sell and want to avoid capital gains tax, a Section 1031 exchange may be the answer. -
To Rent Or Buy? The Financial Issues
Thinking of buying a home? We look at the initial and ongoing costs as well as the so-called benefits. -
Hormel Transforming, But Valuation Already Ahead Of It
Hormel is very well-run and has above-average growth prospects, but investors have already bid the shares up accordingly -
It's Still Miller Time In The Emerging Markets
SABMiller is expensive, but the company's long-term growth potential in emerging markets is enormous. -
Financial Markets: Capital Vs. Money Markets
Two commonly used components of the financial market are money markets and capital markets. Find out the similarities and differences between them. -
After Some Preening, American Eagle Could Fly Again
Management has to reinvest in the business, but the market seems to be undervaluing American Eagle's cash flow prospects. -
Cost Improvements Are Good, But Hewlett-Packard Needs Revenue Growth
Restructuring seems to be helping margins, but HP needs revenue growth to really turn around -
Ski-Doo IPO Raises $254 Million: Should You Buy?
Read on and I'll look into if you should buy Ski-Doo's stock once it becomes available. -
Ultratech Knocked Back, Not Knocked Out
Expectations for market growth are aggressive, but Ultratech could be a major winner over the next three to five years. -
Broker Commissions Are Here To Stay
With two developed nations adopting a firm anti-commission stance, questions have arisen over whether or not the United States should follow suit. Find out why such a development is unlikely.
Free Annual Reports