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Home Ownership Rates

There was a slight decline in homeownership rate in 2005 from the recent high recorded in 2004, according to the Housing Vacancy Survey, conducted by the US Census Bureau in conjunction with the Current Population Survey.

The home ownership rate for 2005 was 68.9%, down slightly from the recent high of 69.0% recorded in 2004. The 2004 rate was the highest rate since the Census Bureau began reporting these statistics in 1965. 

By region, home ownership in 2005 was highest in the Midwest at 73.1%, followed by the South (70.8%), the Northeast (65.2%) and the West (64.4%).

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

Type of Occupancy 1996 estimate (000) 1997 estimate (000) 1998 Estimate (000) 1999 Estimate (000) 2000 Estimate (000) 2001 Estimate (000) 2002 Estimate (000) 2003 Estimate (000) 2004 Estimate (000) 2005 Estimate (000)
All Housing Units 114,139 115,621 117,282 119,044 119,628 121,478 119,297 120,834 122,187 123,925
Occupied 100,984 102,202 102,282 104,928 105,728 107,010 104,965 105,560 106,588 108,231
Owner-occupied 66,041 67,143 68,638 70,097 71,250 72,593 71,278 72,054 73,575 74,553
Renter-occupied 34,943 35,059 34,896 34,831 34,470 34,417 33,687 33,506 33,013 33,678
Vacant (including year-round and seasonal) 13,155 13,419 13,748 14,116 13,908 14,470 14,332 15,274 15,599 15,694

The state with the highest home ownership rate in 2005 was West Virginia (81.3%), followed by Mississippi (78.8%) and Alabama (76.6%). The state with the lowest home ownership rate in 2005 was the District of Columbia (45.8%), followed by New York (54.8%) and California at 59.7%.  Maps illustrating home ownership rate by state are as follows:

  • 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 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 1996-2005 home ownership by age of householder:

Age of Householder 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Less than 35 years 39.1% 38.7% 39.3% 39.7% 40.7% 41.2% 41.3% 42.2% 43.1% 43.0%
35 to 44 years 65.5% 66.1% 66.9% 67.2% 67.8% 68.2% 68.6% 68.3% 69.2% 69.3%
45 to 54 years 75.6% 75.8% 75.7% 76.0% 76.5% 76.7% 76.3% 76.6% 77.2% 76.6%
55 to 64 years 80.0% 80.1% 80.9% 81.0% 80.3% 81.3% 81.1% 81.4% 81.7% 81.2%
65 years or over 78.9% 79.1% 79.3% 80.1% 80.4% 80.3% 80.6% 80.5% 81.1% 80.6%

The following table illustrates 1996-2005 home ownership rate by type of household:

Type of Household 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
All Households 65.4% 65.7% 66.3% 66.8% 67.4% 67.8% 67.9% 68.3% 69.0% 68.9%
Married Couple Families 80.2% 80.8% 81.5% 81.8% 82.4% 82.9% 82.9% 83.3% 84.0% 84.2%
Male Householder Family, No Wife Present 55.5% 54.0% 55.7% 56.1% 57.5% 57.9% 57.3% 57.9% 59.6% 59.1%
Female Householder Family, No Husband Present 46.1% 46.1% 47.0% 48.2% 49.1`% 49.9% 49.2% 49.6% 50.9% 51.0%
One-Person Household, Male Householder 44.9% 45.2% 45.7% 46.3% 47.4% 48.2% 48.6% 50.0% 50.5% 50.3%
One-Person Household, Female Householder 56.0% 56.7% 56.9% 57.6% 58.1% 59.0% 59.6% 59.1% 59.9% 59.6%

Back to Housing Statistics Page

 

   

Last Updated:
5-8-2006

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