What Is a Vacancy Report and the Format Worth Copying
What a vacancy report measures across housing, jobs, courts and universities, how to calculate vacancy rate per house, and a five-part format you can copy.
By Joseph Surgeon, founder of Royalty Group Homes, who runs independent living homes in Oceanside, California. · 9 min read
A vacancy report is a snapshot of open capacity: how many beds, jobs, seats or units sit unfilled, and for how long. For a small independent living or shared housing operator, it should show every empty bed, its days vacant, the rent it is costing you, and which referral partner is or is not filling it.
What is a vacancy report, and what does it measure?
A vacancy report counts units sitting empty at a point in time: how many, where and for how long. In housing statistics, the U.S. Census Bureau treats a unit as vacant if no one is living in it at the time of the interview, unless its occupants are only temporarily absent. It even counts units already rented but not yet moved into as vacant, a detail that matters later in this guide.
The core definition in every context
Strip away the setting and the structure is the same: total units, filled units, empty units, and the empty share as a rate. A job vacancy report counts open positions, a university counts unfilled places, and you count open beds on your bed board.
What it does not measure
A vacancy report does not tell you why beds sit empty, whether rent is reconciled, or which referral partner filled the last three move-ins. It is a count, not a diagnosis. Pairing it with your arrears and referral data is what turns it into a decision tool.
How does a job vacancy report differ from a housing vacancy report?
Both count something unfilled, but they describe opposite sides of a market.
Job vacancy report: open positions and hiring demand
A job vacancy report counts positions employers are trying to fill. In the United States, the Bureau of Labor Statistics JOLTS program publishes job openings alongside hires and separations. Many openings read as demand: employers are competing for workers.
Housing vacancy report: empty units and supply
A housing vacancy report counts empty units in a property or market. For an operator it reads as lost revenue: every open bed costs money each night. For your own bed board, the useful cadence is weekly or even daily, because each open bed is a specific dollar figure.
Unit counted
Job vacancy report: Open position
Housing vacancy report: Empty bed or unit
What high numbers mean
Job vacancy report: Hiring demand
Housing vacancy report: Lost revenue
Typical cadence
Job vacancy report: Monthly or quarterly
Housing vacancy report: Weekly or daily for an operator
Owner's action
Job vacancy report: Recruit
Housing vacancy report: Fill, reprice or follow up with referral partners
The habit worth borrowing from the job-market version: a consistent structure and a fixed reporting date.
What do judicial and university vacancy reports track?
Judicial vacancy reports: open judgeships
The United States Courts publish judicial vacancy lists showing open judgeships, the date each vacancy occurred, future vacancies and pending nominees. The unit is a seat on a court, and every vacancy carries a date.
University vacancy reports: course seats
The National University of Singapore publishes vacancy reports for its course registration rounds, so students can see which courses still have places. The unit is a seat in a class, and the numbers change each round.
The same reading skill
Courts, course registration and your bed board answer the same questions: how many open units exist, how long they have been open, and what each one costs someone. When you read any vacancy report, check the unit counted, the period covered, and whether it is a snapshot or a running total. Borrow the courts' habit, too: date every open bed the day it opens, not when you get around to it.
What sections should a standard vacancy report include?
A reusable vacancy report has five sections. The same skeleton works whether you track beds in one house or units across a market.
1. Header
What goes in it: Property or portfolio, who ran the report, and the exact date range
2. Inventory
What goes in it: Total beds, occupied, open, and offline (repair, hold or reserved for a confirmed move-in)
3. Movement
What goes in it: Every move-in and move-out in the period, with bed, date and referral source
4. Rate and trend
What goes in it: Vacancy rate this period, last period and the same period last year
5. Notes
What goes in it: Anything that distorts the numbers: held beds, arrears, a partner who went quiet
Header and reporting period
A report without a period is a guess. Name the house, the preparer and the dates.
Inventory
Total minus offline is your true countable inventory. A bed under repair is not a vacancy you can fill this week, and it should not hide in the open count.
Movement
For each move-in, record the referral partner, case manager or discharge planner who sent the resident. That column is how you learn who actually fills beds.
Rate and trend
A single number means little without the prior period beside it.
Notes and caveats
An occupied bed whose resident has not paid in two months is, financially, a vacancy. Say so here, next to the count.
How do you calculate and interpret a vacancy rate?
The formula and a worked example
Vacancy rate = open beds ÷ total beds × 100. Three 9-bed houses have 27 beds. With 4 open, the rate is 4 ÷ 27 × 100, about 14.8%. Run the same math per house: if all 4 open beds sit in one house, that house is at 44% vacancy while the portfolio looks fine.
Point-in-time vs average vacancy
A snapshot on the 1st says nothing about three move-outs on the 15th. Average vacancy across the month, counted in bed-nights, is the number that predicts revenue.
Why a low vacancy rate is not always good news
Near-zero vacancy can mean your rent is below market or your referral pipeline depends on a single discharge planner. Track which partner filled each bed, not just that it filled. If your spreadsheet cannot produce that split in a minute, see where a spreadsheet tends to break.
Why can two vacancy reports on the same market disagree?
Two honest reports can differ by several points. The Census Bureau's own vacancy fact sheet explains why its surveys produce different vacancy estimates. The causes usually fall into three groups.
Different definitions of vacant
The Census Bureau counts a unit rented but not yet moved into as vacant. Many operators count that bed as filled once an agreement is signed. Some reports also leave out units held off the market, which shrinks the denominator.
Different periods and lag
Survey data describes a past window. Your own ledger reflects this week's move-outs, so the two will rarely match.
Samples vs full counts
Large reports sample properties and estimate the rest; your bed board is a full count of your own beds. Trust your own count for decisions and use market reports for direction.
How should a small operator act on a vacancy report?
Read your bed board as a vacancy report
Each row is a bed: occupied or open, move-in date, move-out date, expected next move-in. Date every open bed the day it opens.
Tie empty beds to revenue
A $1,500 bed earns about $49 a night (1,500 × 12 ÷ 365). Three weeks empty is about $1,040. That number, not a vague occupancy percentage, is what justifies spending on faster move-ins. Our rent ledger spreadsheet guide shows the formula.
Track which referral partner fills beds
Record every referral against the bed it filled. After a quarter you will see which case managers and discharge planners produce move-ins and which produce phone calls. Never pay for referrals: doing so for a recovery home can be a federal crime under 18 U.S.C. 220 when services are covered by a health care benefit program.
When a spreadsheet stops being enough
A spreadsheet handles one house. Across two or three, arrears and referral attribution start slipping. Royalty Group Homes keeps the bed board, rent ledger and referral partners in one place for operators of one to about ten houses: your first house is free, two or three houses are $99 a month, and four or more are $199. It is not clinical software and does not replace case management. Compare options in the software buyer's guide.
Frequently asked questions
What is the meaning of a vacancy report?
A vacancy report is a snapshot of unfilled capacity at a point in time: how many units sit empty, where, and for how long. The unit varies by context, such as an open judgeship, a course seat or a bed. The structure stays the same: total units, filled units, empty units, and the empty share as a rate. It is a count, not a diagnosis.
What is a vacancy report format I can copy?
Use five sections: header, inventory, movement, rate and trend, and notes. The header names the property and exact date range. Inventory lists total, occupied, open and offline beds. Movement records every move-in and move-out with its source. Rate and trend shows the current, prior and year-ago vacancy rate. Notes flag distortions such as held beds or arrears.
How is vacancy rate calculated, with an example?
Vacancy rate equals open beds divided by total beds, times 100. Three 9-bed houses have 27 beds; with 4 open, 4 ÷ 27 × 100 is about 14.8%. Run the calculation per house as well as for the portfolio, because one empty house can hide inside a healthy average. Average vacancy over the period predicts revenue better than a single date.
What is the NUS vacancy report?
The National University of Singapore publishes vacancy reports for its course registration system, showing open places in courses for each selection round. Students use them to see which courses still have capacity before they choose. The unit is a seat in a class, and the figures change from round to round.
What is a care options vacancy report used for?
In senior care and housing, a vacancy report lists open beds across facilities so discharge planners, social workers and case managers can find placements quickly. Care Options Network in Minnesota publishes one by housing type, region and city. For an independent living operator, the same idea works as an internal report of days vacant and which referral source fills each bed.
Related reading
Sources
- Housing Vacancies and Homeownership (CPS/HVS): Definitions and Explanations, U.S. Census Bureau. How the Census Bureau defines a vacant housing unit and classifies year-round and seasonal vacancies.
- Vacancy Rate Fact Sheet, U.S. Census Bureau. Why vacancy rate estimates differ across housing surveys: residency definitions, timing of interviews and sample design.
- Job Openings and Labor Turnover Survey (JOLTS), U.S. Bureau of Labor Statistics. Monthly and annual estimates of open job positions, hires and separations in the United States.
- Judicial Vacancies, United States Courts. How federal courts report authorized judgeships, current and future judicial vacancies, vacancy dates and pending nominees.
- CourseReg @ EduRec: Vacancy Report and Demand vs Allocation Report, National University of Singapore. Published vacancy reports by course-selection round for students choosing courses at the National University of Singapore.
- 18 U.S.C. 220, Illegal remunerations for referrals to recovery homes, U.S. Government Publishing Office. Paying or receiving anything of value for referrals to a recovery home is a federal crime when services are covered by a health care benefit program.
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