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Home Ownership Rates

The homeownership rate declined in 2008 for the fourth straight year according to the Housing Vacancy Survey, conducted by the US Census Bureau in conjunction with the Current Population Survey.

The home ownership rate for 2008 was 67.8%, down from 68.1% in 2007. 

By region, home ownership in 2008 was highest in the Midwest at 71.7%, followed by the South (69.9%), the Northeast (64.6%) and the West (63.0%).

A distribution of housing units by occupancy follows for the US:

Type of Occupancy 1999 Estimate (000) 2000 Estimate (000) 2001 Estimate (000) 2002 Estimate (000) 2003 Estimate (000) 2004 Estimate (000) 2005 Estimate (000) 2006 Estimate (000) 2007 Estimate (000) 2008 Estimate (000)
All Housing Units 119,044 119,628 121,478 119,297 120,834 122,187 123,925 126,012 127,958 130,113
Occupied 104,928 105,728 107,010 104,965 105,560 106,588 108,231 109,575 110,306 111,409
Owner-occupied 70,097 71,250 72,593 71,278 72,054 73,575 74,553 75,380 75,159 75,566
Renter-occupied 34,831 34,470 34,417 33,687 33,506 33,013 33,678 34,195 35,147 35,843
Vacant (including year-round and seasonal) 14,116 13,908 14,470 14,332 15,274 15,599 15,694 16,437 17,652 18,704

The state with the highest home ownership rate in 2007 was West Virginia (77.8%), followed by Delaware  and Utah (76.2%). The state with the lowest home ownership rate in 2007 was the District of Columbia (44.1%), followed by New York (55.0%) and California(57.5%).  Maps illustrating home ownership rate by state are as follows:

  • 2008 home ownership rate: Acrobat
  • 2007 home ownership rate: Acrobat
  • 2006 home ownership rate: Acrobat
  • 2005 home ownership rate: Acrobat
  • 2004 home ownership rate: Acrobat
  • 2003 home ownership rate: Acrobat
  • 2002 home ownership rate: Acrobat
  • 2001 home ownership rate: GIF | Acrobat
  • 2000 home ownership rate: GIF | Acrobat
  • 1999 home ownership rate: GIF | Acrobat
  • 1998 home ownership rate: GIF | Acrobat
  • 1997 home ownership rate: GIF | Acrobat
  • 1996 home ownership rate: GIF | Acrobat
  • Change 2007 to 2008 home ownership rate: Acrobat
  • Change 2006 to 2007 home ownership rate: Acrobat
  • Change 2005 to 2006 home ownership rate: Acrobat
  • Change 2004 to 2005 home ownership rate: Acrobat
  • Change 2003 to 2004 home ownership rate: Acrobat
  • Change 2002 to 2003 home ownership rate: Acrobat
  • Change 2001 to 2002 home ownership rate: Acrobat
  • Change 2001 to 2002 home ownership rate: Acrobat
  • Change 2000 to 2001 home ownership rate: GIF | Acrobat
  • Change 1999 to 2000 home ownership rate: GIF | Acrobat
  • Change 1998 to 1999 home ownership rate: GIF | Acrobat
  • Change 1997 to 1998 home ownership rate: GIF | Acrobat
  • Change 1996 to 1997 home ownership rate: GIF | Acrobat

The following table illustrates 1999-2008 home ownership by age of householder:

Age of Householder 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Less than 35 years 39.7% 40.7% 41.2% 41.3% 42.2% 43.1% 43.0% 42.6% 41.7% 41.0%
35 to 44 years 67.2% 67.8% 68.2% 68.6% 68.3% 69.2% 69.3% 68.9% 67.8% 67.0%
45 to 54 years 76.0% 76.5% 76.7% 76.3% 76.6% 77.2% 76.6% 76.2% 75.4% 75.0%
55 to 64 years 81.0% 80.3% 81.3% 81.1% 81.4% 81.7% 81.2% 80.9% 80.6% 80.1%
65 years or over 80.1% 80.4% 80.3% 80.6% 80.5% 81.1% 80.6% 80.9% 80.4% 80.1%

The following table illustrates 1999-2008 home ownership rate by type of household:

Type of Household 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
All Households 66.8% 67.4% 67.8% 67.9% 68.3% 69.0% 68.9% 68.8% 68.1% 67.8%
Married Couple Families 81.8% 82.4% 82.9% 82.9% 83.3% 84.0% 84.2% 84.1% 83.8% 83.4%
Male Householder Family, No Wife Present 56.1% 57.5% 57.9% 57.3% 57.9% 59.6% 59.1% 58.9% 57.4% 57.6%
Female Householder Family, No Husband Present 48.2% 49.1% 49.9% 49.2% 49.6% 50.9% 51.0% 51.3% 49.9% 49.5%
One-Person Household, Male Householder 46.3% 47.4% 48.2% 48.6% 50.0% 50.5% 50.3% 50.5% 50.2% 50.6%
One-Person Household, Female Householder 57.6% 58.1% 59.0% 59.6% 59.1% 59.9% 59.6% 59.8% 59.1% 58.6%

Back to Housing Statistics Page

 

   

Last Updated:
8-3-2009

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