Adopted 2014-2021 Housing Element - Garden Grove

Housing Element Needs AssessmentJurisdictionTable 16: Housing Type, 2010Total HousingUnitsSingle FamilyUnitsMulti-FamilyUnitsMobile HomeUnitsGarden Grove 47,755 65% 31% 3%Cypress 16,068 77% 20% 3%Fountain Valley 19,164 76% 22% 2%Los Alamitos 4,355 56% 42% 2%Orange 45,111 68% 29% 3%Santa Ana 76,896 53% 41% 5%Seal Beach 14,558 43% 56% 1%Stanton 11,283 43% 45% 13%Westminster 27,650 61% 27% 11%Orange County 1,046,118 63% 34% 3%Source: Census 2010TenureHousing tenure refers to whether a unit is owned or rented. The changes in the distribution ofowner- versus renter-occupied units and the vacancy rates of the housing stock between 2000 and2010 are presented in Table 17. In 2000 and 2010, 60% of the occupied housing units in GardenGrove were owner occupied. Countywide, 59% of all housing units were owner occupied 6 . Thatthe City’s tenure distribution has remained at levels seen in 2000 speaks to the stability of the City’sresidential neighborhoods.VacancyVacancy rates often influence the cost of housing. In general, vacancy rates of 5% to 6% for rentalhousing and 2% to 3% for ownership housing are considered healthy and suggest a balancebetween housing supply and demand. With a housing stock of 65% single-family and 31% multifamilyunits, the weighted optimum vacancy rate should be between 3% and 4%. In 2010 thevacancy rate was 3.6% (Table 17).Table 17: Tenure and Vacancy2000 2010Total Housing Units 46,703 47,755Vacancy Rate 1.95% 3.6%Median Year Units Built 1964 1964Renter-Occupied 40.4% 40.6%Owner-Occupied 59.6% 59.4%Census 2000 and Census 2010 ACS5-Year Estimates6 Census 2010 ACS5-Year Estimates2014-2021 Housing Element 22 City of Garden Grove