Sunday, April 18, 2010

Churn

Recently the Growler ran across some fascinating statistics on the Washington Post Web site. Does this explain a lot about our city?

Alexandria:

Annual Residential Turnover: 30%
Owner-Occupied Homes: 43%
Renter-Occupied Homes: 42%

Arlington County:

Annual Residential Turnover: 27%
Owner-Occupied Homes: 50%
Renter-Occupied Homes: 39%

Loudoun County:

Annual Residential Turnover: 25%
Owner-Occupied Homes: 69%
Renter-Occupied Homes: 12%

Fairfax County:

Annual Residential Turnover: 23%
Owner-Occupied Homes: 69%
Renter-Occupied Homes: 22%

Prince William County:

Annual Residential Turnover: 22%
Owner-Occupied Homes: 68%
Renter-Occupied Homes: 24%

Prince George's County:

Annual Residential Turnover: 18%
Owner-Occupied Homes: 62%
Renter-Occupied Homes: 32%

Montgomery County:

Annual Residential Turnover: 17%
Owner-Occupied Homes: 67%
Renter-Occupied Homes: 27%

District of Columbia:

Annual Residential Turnover: 15%
Owner-Occupied Homes: 42%
Renter-Occupied Homes: 46%

Charles County:

Annual Residential Turnover: 14%
Owner-Occupied Homes: 75%
Renter-Occupied Homes: 19%

It would appear that Alexandria has the highest residential turnover in the metropolitan area and is only exceeded by the District in the percentage of homes that are renter-occupied. Alexandria also has the second-lowest proportion of homes that are occupied by owners.

Is Alexandria therefore a community of transients? If so, why? And are our politicians happy to keep it that way?