Buffalo deemed stable in home occupancy

June 22, 2012 Updated Jun 22, 2012 at 7:25 AM EDT

By WKBW News

June 22, 2012 Updated Jun 22, 2012 at 7:25 AM EDT

As well, the metropolitan area also has a high rate of stability among its residents. That is, the number of housing units that have had the same inhabitants dating back to 1979.

On Numbers, a daily demographic blog from American City Business Journals, found that Buffalo ranked fourth out of 100 cities for people living in the same residence since 1979. The study of figures from the U.S. Census Bureau found that just under 73,000 units, or 15.71 percent, occupy the same address.

The other cities ahead of Buffalo are Scranton-Wilkes-Barre, Pa., Pittsburgh, and Youngstown-Warren-Boardman, Ohio.

Conversely, the study said that Las Vegas leads in turnover with three of every five residents (61.8 percent) having arrived at their current address since 2005.

You can get more details at: http://www.bizjournals.com/buffalo/news/2012/06/21/buffalo-deemed-stable-in-home-occupancy.html

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