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.

Home Ownership Rate in the United States increased to 65.70 percent in the fourth quarter of 2024 from 65.60 percent in the third 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.

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.

Content

More details about each file are in the individual file descriptions.

Context

This is a dataset from the U.S. Census Bureau hosted by the Federal Reserve Economic Database (FRED). FRED has a data platform found here and they update their information according the amount of data that is brought in. Explore the U.S. Census Bureau using Kaggle and all of the data sources available through the U.S. Census Bureau organization page!

• Update Frequency: This dataset is updated daily.

Acknowledgements

This dataset is maintained using FRED's API and Kaggle's API.

Cover photo by Tyrel Johnson on Unsplash
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Graph and download economic data for Homeownership Rate for Washington (WAHOWN) from 1984 to 2024 about homeownership, WA, 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.

Housing Vacancies & Homeownership: No of Estimated Households data was reported at 121,940.000 Unit th in Sep 2018. This records an increase from the previous number of 121,307.000 Unit th for Aug 2018. Housing Vacancies & Homeownership: No of Estimated Households data is updated monthly, averaging 90,091.500 Unit th from Apr 1955 (Median) to Sep 2018, with 756 observations. The data reached an all-time high of 121,940.000 Unit th in Sep 2018 and a record low of 47,788.000 Unit th in Apr 1955. Housing Vacancies & Homeownership: No of Estimated Households 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 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.

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 150,000 U.S. dollars was 84 percent, which was a seven percent decrease from the first period.

Home Ownership Rate in Austria increased to 54.50 percent in 2024 from 54.30 percent in 2023. This dataset provides the latest reported value for - Austria 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 home ownership rate in Japan stood at 60.9 percent, remaining mostly flat in the past 15 years. That year, the total number of houses owned in the country amounted to approximately 33.9 million. Which type of dwelling is common in Japan? Among all residential buildings in Japan, detached houses exceeded all other building types in numbers. The majority of ordinary Japanese households live in detached houses. Japanese architecture is well known for its traditional wood constructions, and the use of timber for housing construction is still widely spread. Wood is still the major type of structure used for new residential buildings in Japan, followed by materials like steel. The problem of abandoned houses Due to a shrinking and aging population, and rural depopulation, Japan faces an increasing share of vacant dwellings, often referred to as “Akiya”. A large proportion of unoccupied houses in Japan are available for sale or rent. Some local governments and municipalities have reacted to the problem of abandoned houses by offering properties at reduced prices or even for free on certain conditions.

Graph and download economic data for Homeownership Rate for Nevada (NVHOWN) from 1984 to 2024 about NV, homeownership, housing, rate, and USA.

Home Ownership Rate in Portugal decreased to 73.40 percent in 2024 from 76 percent in 2023. This dataset provides the latest reported value for - Portugal Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic illustrates the homeownership rate among the total population of Spain between 2008 and 2022. During that timeframe, the homeownership rate oscillated between approximately 77 to 80 percent of the total population.

Housing Vacancy Rate: Rental: Metropolitan Areas data was reported at 6.800 % in Sep 2018. This records an increase from the previous number of 6.500 % for Jun 2018. Housing Vacancy Rate: Rental: Metropolitan Areas data is updated quarterly, averaging 7.250 % from Mar 1956 (Median) to Sep 2018, with 246 observations. The data reached an all-time high of 11.200 % in Sep 2009 and a record low of 4.100 % in Jun 1957. Housing Vacancy Rate: Rental: Metropolitan Areas 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 Ireland declined by about eight percent between 2007 and 2022. In 2022, the share of households who lived in an owner-occupied home amounted to about 70 percent.

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.

Graph and download economic data for Homeownership Rate for Georgia (GAHOWN) from 1984 to 2024 about homeownership, GA, housing, rate, and USA.

Graph and download economic data for Homeownership Rate for Michigan (MIHOWN) from 1984 to 2024 about homeownership, MI, housing, rate, and USA.