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Homeownership rates vary depending on demographic characteristics of households such as ethnicity, race, type of household as well as location and type of settlement. In 2018, homeownership dropped to a lower rate than it was in 1994, with a rate of 64.2%. [5] Since 1960, the homeownership rate in the United States has remained relatively stable.
That reality is not helping homeownership rates in the United States. ... The homeownership rate in the U.S. was at 65.6% during the second quarter of 2024, not statistically different from the ...
This is a list of countries, territories and regions by home ownership rate, which is the ratio of owner-occupied units to total residential units in a specified area, based on available data. [1] [better source needed]
The rate of homeownership in the United States, as measured by the fraction of units that are owner-occupied, was 64% as of 2017. [1] Housing in the United States is heavily commodified, and when viewed as an economic sector, contributes to 15% of the gross domestic product. [2]
Although home prices have rapidly increased, homeownership rates have also slightly increased in the U.S. over the past five years. In 2018, the median home list price in the U.S. was $255,200 and ...
The US Census Bureau recently released its quarterly estimates of homeownership and vacancy rates in the US and each of the 50 states and Washington, DC. RELATED: Check out the best cities for ...
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However, despite its relatively low personal income levels, it has the highest homeownership rate of all 50 states, at 77%, according to US census data. Mississippi—the only state with a lower ...