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.

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 Rate for the United States (USHOWN) from 1984 to 2024 about homeownership, housing, 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 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 Florida (FLHOWN) from 1984 to 2024 about homeownership, FL, housing, rate, and USA.

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.

United States Home Ownership Rate: South data was reported at 65.400 % in Sep 2018. This records a decrease from the previous number of 65.900 % for Jun 2018. United States Home Ownership Rate: South data is updated quarterly, averaging 66.600 % from Mar 1964 (Median) to Sep 2018, with 219 observations. The data reached an all-time high of 71.500 % in Dec 2004 and a record low of 63.700 % in Sep 1965. United States Home Ownership Rate: South data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.EB008: Housing Vacancy and Home Ownership Rate.

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.

United States Home Ownership Rate: West data was reported at 60.200 % in Sep 2018. This records an increase from the previous number of 59.700 % for Jun 2018. United States Home Ownership Rate: West data is updated quarterly, averaging 59.900 % from Mar 1964 (Median) to Sep 2018, with 219 observations. The data reached an all-time high of 65.300 % in Sep 2006 and a record low of 57.200 % in Dec 1983. United States Home Ownership Rate: West data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.EB008: Housing Vacancy and Home Ownership Rate.

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

Home ownership persists as the primary way that families build wealth. Housing researchers and advocates often discuss the racial home ownership gap, particularly for Black and Hispanic households (Urban Institute, Pew Hispanic Center). Historical policies such as redlining, steering, and municipal underbounding have effects that stay with us today.This map shows the overall home ownership rate and the home ownership rate by race/ethnicity of householder in a chart in the pop-up. Map is multi-scale showing data for state, county, and tract.This map uses these hosted feature layers containing the most recent American Community Survey data. These layers are part of the ArcGIS Living Atlas, and are updated every year when the American Community Survey releases new estimates, so values in the map always reflect the newest data available.

Homeownership Rate for Washington was 64.80% in January of 2024, according to the United States Federal Reserve. Historically, Homeownership Rate for Washington reached a record high of 67.60 in January of 2005 and a record low of 61.60 in January of 1995. Trading Economics provides the current actual value, an historical data chart and related indicators for Homeownership Rate for Washington - last updated from the United States Federal Reserve on July of 2025.

United States Homeownership Rate: 25 to 29 Years data was reported at 32.100 % in 2017. This records an increase from the previous number of 30.900 % for 2016. United States Homeownership Rate: 25 to 29 Years data is updated yearly, averaging 36.300 % from Dec 1982 (Median) to 2017, with 36 observations. The data reached an all-time high of 41.800 % in 2006 and a record low of 30.900 % in 2016. United States Homeownership Rate: 25 to 29 Years data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.EB008: Housing Vacancy and Home Ownership Rate.

Homeownership Rate for Massachusetts was 62.90% in January of 2024, according to the United States Federal Reserve. Historically, Homeownership Rate for Massachusetts reached a record high of 65.80 in January of 2012 and a record low of 58.60 in January of 1990. Trading Economics provides the current actual value, an historical data chart and related indicators for Homeownership Rate for Massachusetts - last updated from the United States Federal Reserve on August of 2025.

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.

Homeownership Rate for Minnesota was 71.00% in January of 2024, according to the United States Federal Reserve. Historically, Homeownership Rate for Minnesota reached a record high of 77.30 in January of 2002 and a record low of 65.80 in January of 1993. Trading Economics provides the current actual value, an historical data chart and related indicators for Homeownership Rate for Minnesota - last updated from the United States Federal Reserve on August of 2025.

Homeownership Rate for Ohio was 69.60% in January of 2024, according to the United States Federal Reserve. Historically, Homeownership Rate for Ohio reached a record high of 73.30 in January of 2005 and a record low of 66.00 in January of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Homeownership Rate for Ohio - last updated from the United States Federal Reserve on July of 2025.

The Midwest was the U.S. region with the highest homeownership rate in the United States in 2023. Approximately ** percent of all homes were owned by their occupants in that year, which was about **** percent higher than the national average. At the other end of the scale was the West region, where less than ** percent of people owned their home. Overall, the homeownership rate in the U.S. has declined since 2003.