Graph and download economic data for Homeownership Rate in the United States (RHORUSQ156N) from Q1 1965 to Q2 2025 about homeownership, housing, rate, and USA.

Home Ownership Rate in the United States decreased to 65 percent in the second quarter of 2025 from 65.10 percent in the first quarter of 2025. This dataset provides the latest reported value for - United States Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2024. In that year, approximately **** percent of individuals aged 70 to 74 resided in a residence they owned, compared to approximately ** percent among individuals under the age of 25. On average, **** percent of Americans lived in an owner-occupied home. The homeownership rate was the highest in 2004 but has since declined.

Graph and download economic data for Homeownership Rate for the United States (USHOWN) from 1984 to 2024 about homeownership, housing, rate, and USA.

Graph and download economic data for Homeownership Rates by Race and Ethnicity: Black Alone in the United States (BOAAAHORUSQ156N) from Q1 1994 to Q2 2025 about African-American, homeownership, rate, and USA.

In 2023, the rate of homeownership among White people living in the United States was 74.3 percent. Comparatively, 45.7 percent of Black people owned a home in the same year.

The homeownership rate in the United States amounted to nearly ** percent in the third quarter of 2024. While there are many factors that affect people’s decision to buy a house, the recent decrease can be attributed to the higher mortgage interest rates, which make taking out a mortgage less affordable for potential buyers, especially considering the surge in house prices in recent years. Which factors affect homeownership? Age and ethnicity have a strong correlation with homeownership. Baby boomers, for example, are twice as likely to own their home than Millennials. Also, the homeownership rate among white Americans is substantially higher than among any other ethnicity. How does the U.S. homeownership rate compare with other countries? Having a home is an integral part of the “American Dream”. Compared with selected European countries, the U.S. ranks alongside the United Kingdom, Cyprus, and Ireland. Many countries in Europe, however, exceed ** percent homeownership rate.

Graph and download economic data for Consumer Unit Characteristics: Percent Homeowner with Mortgage by Age: Age 65 or over (CXU980230LB0407M) from 1988 to 2023 about 65-years +, consumer unit, age, homeownership, mortgage, percent, and USA.

Following a period of stagnation over most of the 2010s, the number of owner-occupied housing units in the United States started to grow in 2017. In 2024, there were over 86.9 million owner-occupied homes. Owner-occupied housing is where the person who owns a property – either outright or through a mortgage – also resides in the property. Excluded are therefore rental properties, employer-provided housing, and social housing. Homeownership sentiment in the U.S. Though homeownership is still a cornerstone of the American dream, an increasing share of people see themselves as lifelong renters. Millennials have been notoriously late to enter the housing market, with one in four reporting that they would probably continue to always rent in the future, a 2022 survey found. In 2017, just five years before that, this share stood at about 13 percent. How many renter households are there? Renter households are roughly half as few as owner-occupied households in the U.S. In 2024, the number of renter-occupied housing units amounted to over 45 million. Climbing on the property ladder for renters is not always easy, as it requires prospective homebuyers to save up for a down payment and qualify for a mortgage. In many metros, the median household income is insufficient to qualify for the median-priced home.

Graph and download economic data for Homeownership Rates by Race and Ethnicity: Hispanic (of Any Race) in the United States (HOLHORUSQ156N) from Q1 1994 to Q2 2025 about homeownership, latino, hispanic, rate, and USA.

In 2018, ** percent of African Americans living in Mississippi owned their home, which was the state with the highest Black homeownership rate. Mississippi also had the highest White homeownership rate, but it was considerably higher at ** percent. The homeownership rate among African Americans in Montana and North Dakota was only ***** percent.

Graph and download economic data for Homeownership Rate (5-year estimate) for San Diego County, CA (HOWNRATEACS006073) from 2009 to 2023 about San Diego County, CA; San Diego; homeownership; CA; 5-year; housing; rate; and USA.

Graph and download economic data for Homeownership Rate for California (CAHOWN) from 1984 to 2024 about homeownership, CA, housing, rate, and USA.

Graph and download economic data for Homeownership Rate (5-year estimate) for Dane County, WI (HOWNRATEACS055025) from 2009 to 2023 about Dane County, WI; Madison; homeownership; WI; 5-year; housing; rate; and USA.

Graph and download economic data for Homeownership Rate (5-year estimate) for Cuyahoga County, OH (HOWNRATEACS039035) from 2009 to 2023 about Cuyahoga County, OH; Cleveland; homeownership; OH; 5-year; housing; rate; and USA.

Graph and download economic data for Homeownership Rate for Oregon (ORHOWN) from 1984 to 2024 about homeownership, OR, housing, rate, and USA.

Graph and download economic data for Homeownership Rate for Iowa (IAHOWN) from 1984 to 2024 about homeownership, IA, housing, rate, and USA.

Graph and download economic data for Homeownership Rate for Ohio (OHHOWN) from 1984 to 2024 about homeownership, OH, housing, rate, and USA.

Graph and download economic data for Homeownership Rate for Florida (FLHOWN) from 1984 to 2024 about homeownership, FL, housing, rate, and USA.

Graph and download economic data for Homeownership Rate for Maine (MEHOWN) from 1984 to 2024 about ME, homeownership, housing, rate, and USA.