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

The homeownership rate in the United States declined slightly in 2023 and remained stable in 2024. The U.S. homeownership rate was the highest in 2004 before the 2007-2009 recession hit and decimated the housing market. In 2024, the proportion of households occupied by owners stood at **** percent in 2024, *** percentage points below 2004 levels. Homeownership since the recession The rate of homeownership in the U.S. fell in the lead up to the recession and continued to do so until 2016. Despite this trend, the share of Americans who perceived homeownership as part of their personal American dream remained relatively stable. This suggests that the financial hardship caused by the recession led to the fall in homeownership, rather than a change in opinion about the importance of homeownership itself. What the future holds for homeownership Homeownership trends vary from generation to generation. Homeownership among Americans over 65 years old is declining, whereas most Millennial renters plan to buy a home in the near future. This suggests that homeownership will remain important in the future, as Millennials are forecast to head most households over the next two decades.

Home Ownership Rate in the United States decreased to 65.10 percent in the first quarter of 2025 from 65.70 percent in the fourth quarter of 2024. 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.

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.

Graph and download economic data for Homeownership Rates by Race and Ethnicity: All Other Races: Total in the United States (AORHORUSQ156N) from Q1 1994 to Q1 2025 about homeownership, rate, and USA.

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

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

The homeownership rate was the highest among Americans in their early 70s and the lowest among people in their early 20s in 2023. In that year, approximately ** percent of individuals aged 70 to 75 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.

The homeownership among White people in the United States was 74.3 percent, the highest out of all ethnicities, in 2023. American Dream Part of the “American Dream” is the idea of owning a home. It is seen as a status symbol and an indicator of wealth. People take a lot of pride in owning a home, and hope to do so at the earliest age possible. It is the idea of having a white picket fence with a nuclear family, a dog, and a car or two which is seen as the stereotypical “end goal”. However, in the aftermath of the 2008 recession, the rate of homeownership in the United States fell steadily until 2016. The recession hindered people’s chances of owning a home, due to less credit being available and their own fears about being stuck with a home in negative equity if another recession were to occur. As a result, the homeownership rate in the United States has barely increased in the past few years. Factors affecting homeownership Homeownership varies based on different factors. Married-couple families have the highest homeownership rates among different family statuses. Unsurprisingly, households with high incomes have the highest homeownership rates.

United States Homeownership Rate: Annual data was reported at 63.900 % in 2017. This records an increase from the previous number of 63.400 % for 2016. United States Homeownership Rate: Annual data is updated yearly, averaging 64.700 % from Dec 1965 (Median) to 2017, with 53 observations. The data reached an all-time high of 69.000 % in 2004 and a record low of 63.000 % in 1965. United States Homeownership Rate: Annual data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB008: Housing Vacancy and Home Ownership Rate.

The homeownership rate is the proportion of households that is owner-occupied.

The homeownership rate is the proportion of households that is owner-occupied.

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.

The homeownership rate is the proportion of households that is owner-occupied.

This statistic shows the homeownership rate in the United States between 2001 to 2009 and 2010 to 2017, by income. Between the second period, the homeownership rate of respondents who earn more than ******* U.S. dollars was ** percent, which was a ***** percent decrease from the first period.

U.S. Homeownership Rates - Non-Hispanic White: 31 years of historical data from 1994 to 2025.

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

The U.S. homeownership rate for householders over 65 years of age fluctuated between **** percent and **** percent since 2011. In the third quarter of 2024, approximately ** percent of people over 65 years of age inhabited an owner-occupied home. This was much higher than the average homeownership rate in the United States.

The average homeownership rate in the United States remained mostly unchanged in 2023. Homeownership improved the most among the Asian population, increasing by 1.3 percentage points, while among American Indian or Alaskan Native, it declined by 1.8 percentage points. Overall, the share of white homeowners was higher than any other race.