The U.S. homeownership rate for householders over 65 years of age fluctuated between 78.8 percent and 80.9 percent since 2011. In the third quarter of 2024, approximately 79 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.
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Graph and download economic data for Consumer Unit Characteristics: Percent Homeowner by Age: Age 65 or over (CXUHOMEOWNLB0407M) from 1990 to 2023 about 65-years +, consumer unit, age, homeownership, percent, 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.
This statistic shows the homeownership rates of seniors in the United States in 2018, by age. In 2018, Americans aged 84 had the highest homeownership rate among all seniors at 92.03 percent, whereas 80 year olds had the lowest at 80.85 percent.
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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.
The distribution of all owner-occupier households in England in 2024 varied per age group, as well as the type of home financing. The older the age group, the larger the share of owner-occupier homeowners who purchased their home outright. A share of 2.1 percent of own outright homeowners were between the ages of 25 to 34, whereas a share of 62.1 percent of own outright homeowners were aged 65 and over. Although this is the case, the largest share of homeowners who purchased their house with a mortgage was in the age range of 35 to 44 years old.
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Graph and download economic data for Consumer Unit Characteristics: Adults 65 and Older by Housing Tenure: Home Owner (CXU980060LB1702M) from 2017 to 2023 about 65-years +, adult, consumer unit, homeownership, housing, and USA.
Approximately ** percent of Americans aged 26 to 34 who bought a home were first-home buyers, whereas ** percent of home buyers between 35 and 44 bought their first home in that year. Gen Z and Millennial first-time buyers It is no surprise that many Gen Z (18 to 24 years old) and Millennial (25 to 43 years old) home buyers are mostly first-time home buyers. These home buyers are in the early stages of their careers, or still studying in some cases, and often struggling to repay student debt, so they need to save for many years before they afford a down payment. When do they sell? These generations tend to stay in their first homes for several years, which means that the majority of home sellers are older than them. The share of income needed to afford a trade-up home is significantly lower than the money needed for a starter home. A trade-up home is a larger and more expensive home, which homeowners often buy after living in their starter home, or their first home, for several years. This progression generally happens when homeowners have climbed the career ladder and increased their incomes.
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Homeownership Rate: 65 to 69 Years data was reported at 79.100 % in 2017. This records an increase from the previous number of 79.000 % for 2016. Homeownership Rate: 65 to 69 Years data is updated yearly, averaging 81.050 % from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 83.200 % in 2004 and a record low of 77.900 % in 1982. Homeownership Rate: 65 to 69 Years 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.
In 2019, approximately 42.7 million homeowners in the United States were 65 years or older. Many seniors opt to live in nursing homes, though almost 13 percent lived in independent living in 2020.
About 36 percent of homeowners in England were aged 65 and above, which contrasts sharply with younger age groups, particularly those under 35. Young adults between 25 and 35, made up 15 percent of homeowners and had a dramatically lower homeownership rate. The disparity highlights the growing challenges faced by younger generations in entering the property market, a trend that has significant implications for wealth distribution and social mobility. Barriers to homeownership for young adults The path to homeownership has become increasingly difficult for young adults in the UK. A 2023 survey revealed that mortgage affordability was the greatest obstacle to property purchase. This represents a 39 percent increase from 2021, reflecting the impact of rising house prices and mortgage rates. Despite these challenges, one in three young adults still aspire to get on the property ladder as soon as possible, though many have put their plans on hold. The need for additional financial support from family, friends, and lenders has become more prevalent, with one in five young adults acknowledging this necessity. Regional disparities and housing supply The housing market in England faces regional challenges, with North West England and the West Midlands experiencing the largest mismatch between housing supply and demand in 2023. This imbalance is evident in the discrepancy between new homes added to the housing stock and the number of new households formed. London, despite showing signs of housing shortage, has seen the largest difference between homes built and households formed. The construction of new homes has been volatile, with a significant drop in 2020, a rebound in 2021 and a gradual decline until 2024.
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Homeownership Rate: 65 Years and Over data was reported at 78.700 % in 2017. This records a decrease from the previous number of 78.800 % for 2016. Homeownership Rate: 65 Years and Over data is updated yearly, averaging 79.000 % from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 81.100 % in 2012 and a record low of 74.400 % in 1982. Homeownership Rate: 65 Years and Over 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.
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United States Homeownership Rate: 75 Years and Over data was reported at 76.800 % in 2017. This records a decrease from the previous number of 77.000 % for 2016. United States Homeownership Rate: 75 Years and Over data is updated yearly, averaging 76.900 % from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 80.000 % in 2013 and a record low of 69.800 % in 1985. United States Homeownership Rate: 75 Years and Over 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.
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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.
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Homeownership (5-year estimate) for Box Elder County, UT was 79.56602 Rate in January of 2023, according to the United States Federal Reserve. Historically, Homeownership (5-year estimate) for Box Elder County, UT reached a record high of 82.82859 in January of 2011 and a record low of 76.51456 in January of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Homeownership (5-year estimate) for Box Elder County, UT - last updated from the United States Federal Reserve on June of 2025.
Surveyed in 2022 about several statements regarding the role of the company in housing and home ownership, 88 percent of French people aged between 25 and 40 years old (90 percent among the 30-34) felt that it was increasingly difficult to become a homeowner. 74 believed their employer should help employees become homeowners, and almost two-thirds indicated that they would be ready to change company if they were offered assistance to become a homeowner. Support for this last statement was higher among younger people (67 percent of 25-34 year olds) than among French people between 35 and 40 years old (54 percent).
This map application shows the demographic profile of senior citizens in Dallas and identifies areas where seniors are below the federal poverty line.The application is part of an ongoing project created by EGIS in collaboration with the Senior Affairs Commission.The federal poverty line used in this analysis is determined by the US Census Bureau. Data can be found here.Note: Council District data are aggregated data using 2019 American Community Survey data.
This dataset contains a list of ownership information for currently active nursing homes. The dataset contains the information about owner name, ownership type, ownership percentage and its association date with Medicare. Nursing Home Compare allows consumers to compare information about nursing homes. It contains quality of care and staffing information for all 15,000 plus Medicare- and Medicaid-participating nursing homes.
This statistic shows the retirement housing plans among LGBT community members over 55 years in the United States in 2018. In 2018, almost half of the LGBT people aged 55 and over surveyed planned either to own a home or to stay in their current home or apartment during their retirement years. Just over one quarter of the respondents planned to downsize to a smaller home or apartment upon retirement.
In 2019, 20 percent of homeowners in the United States were 65 years or older. Americans aged 65 and older accounted for 16 percent of the total population in 2018, which shows that this age group are more likely to be homeowners than members of younger age groups.
The U.S. homeownership rate for householders over 65 years of age fluctuated between 78.8 percent and 80.9 percent since 2011. In the third quarter of 2024, approximately 79 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.