U S Home Ownership Rate Rises To Highest Point In Eight Years Duke Graph and download economic data for homeownership rate in the united states (rhorusq156n) from q1 1965 to q2 2024 about homeownership, housing, rate, and usa. Today’s homeownership rate is 65.5%. in 2021, the homeownership rate declined faster than any time in the last 80 years. 2019 saw a 3.1% annual rise in homeownership, the steepest increase since the 1940s. the nationwide homeownership rate hit an all time high of 69.2% in 2004’s first financial quarter. homeownership rates hit their all.
Home Ownership Rates Increasing More than any other age group, young adults in their 20s and 30s increased their rates of homeownership from 2016 to 2022. the four age groups whose rates rose the most in that time were all below the age of 40, including increases of: 3.5 points for people younger than 25. 4.7 points for people between 25 and 29. There was no increase among black or american indian alaskan native householders. but from 2019 to 2022, homeownership rates increased among householders of all races and ethnicities except for american indian or alaskan native householders. the share of non hispanic white householders who owned a home grew from 71.9% in 2016 to 74.4% in 2022. Key highlights. while the u.s. homeownership rate increased to 65.5% in 2021, the rate among black americans lags significantly (44%), has only increased 0.4% in the last 10 years and is nearly 29 percentage points less than white americans (72.7%), representing the largest black white homeownership rate gap in a decade. The homeownership rate in the united states rose slightly in 2022, reaching the highest figure since 2011. however, in 2023 the proportion of households occupied by owners declined to 65.7 percent.
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